| | PROBLEMS OF MODERN ECONOMICS, N 4 (56), 2015 | | SOCIO-ECONOMIC DEVELOPMENT IN FOREIGN COUNTRIES | | Mikhaliova I. V. Senior lecturer, Chair of Management and Economics, Vladivostok State University of Services and Economy (Nakhodka Branch), PhD student, Far East Federal University
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| The article analyzes the reasons for economic rise and development in the Republic of Korea that started in the second half of the XX c and turned the country into the active agent of contemporary political and economic processes. The author compares the model of economic development in the Republic of Korea with that of other Asian countries with regards to specificities of socio-cultural situation in Korea. South Korean experience of economic transformations is also compared to the corresponding experience in the Russian Federation | Key words: Republic of Korea, socio-political transformation, economic potential, state finances, economic reforms | Pages: 252 - 254 |
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