Growth Policy and Inequality in Developing Asia: Lesson from Korea

Growth Policy and Inequality in Developing Asia: Lesson from Korea
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亚洲发展中国家的增长政策和不平等:韩国的教训

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发表时间:
2012
期刊:
影响因子:
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通讯作者:
Donghyun Park
Donghyun Park
中科院分区:
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文献类型:
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作者:
Hyun‐Hoon Lee;Minsoo Lee;Donghyun Park

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虽然亚洲发展中国家历来将增长置于平等之上,但近年来,人们对该地区包容性增长的需求日益增长。在这方面,韩国成功地将快速的经济增长与适度的不平等水平结合起来,为亚洲发展中国家提供了潜在的宝贵经验。本文的中心目标是分析韩国增长政策与不平等之间的关系,以确定对亚洲发展中国家的相关政策影响。根据我们的分析,推动经济快速增长和收入分配更加公平的一项政策是对公共教育的大规模系统投资。从韩国的经验中得到的更广泛的积极教训是,增长和不平等并不一定是齐头并进的,政府的政策可以发挥作用。
While developing Asia has traditionally prioritized growth over equality, recent years have witnessed a growing popular demand for more inclusive growth in the region. In this connection, Korea, which has managed to combine rapid economic growth and moderate inequality levels, offers potentially valuable lessons for developing Asia. The central objective of our paper is to analyze the relationship between growth policy and inequality in Korea in order to identify relevant policy implications for developing Asia. According to our analysis, the one policy that stands out as a driver of both rapid economic growth and more equal income distribution is large and systematic investments in public education. The broader positive lesson from the Korean experience is that growth and inequality do not necessarily go hand in hand, and government policy can make a difference.