Abstract
The study of economics in Korea is a modern development, starting around the turn of the 20th century, influenced by the West, at first through Japan and since the end of the Second World War mainly through the United States. Over time, it has become a clone of economics in the USA, with an overriding concern for mathematization and econometrics. Even so, the Korean term for economics, kyung-je-hak, which derives from a classical Chinese expression for good governance, reveals the prevailing conflation of science and governing techniques.
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Choi, Y.B. (2018). Korea, Economics in. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2247
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DOI: https://doi.org/10.1057/978-1-349-95189-5_2247
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