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Abstract

Korea started in the early 1960s as a typical labor-surplus economy with scarce natural resources. By taking advantage of the abundant supply of labor, especially in the labor-intensive manufacturing-export industries, Korea has achieved a tremendously rapid economic expansion.

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© 2011 Sense Publishers

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Chang-Won, J. (2011). South Korea. In: Majumdar, S. (eds) Emerging Challenges and Trends in TVET in the Asia-Pacific Region. SensePublishers. https://doi.org/10.1007/978-94-6091-391-4_10

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