Notice

Ajou GSIS Notice

[Seminar/Webinar] Prof. Sung Hee Jwa's New Paper on Korea's Economic Miracle

Dear Ajou GSIS Students,


We invite you to read a new journal article by Professor Sung Hee Jwa that unveils the secret behind South Korea's rapid economic transformation under President Park Chung Hee.


The paper introduces a core concept: "Economic Differentiation (ED)". Professor Jwa argues that this strategy of performance-based incentives was the true engine of growth, challenging mainstream economic theories.


Key Highlights:


  • A New Theory: It moves beyond typical "export-led growth" models to explain how Korea transformed from an agrarian society to an industrial power.


  • Complexity Economics: It connects Park's policies to modern principles like synergy and emergent development.


  • A Modern Blueprint: It proposes the ED model as a solution for nations facing low growth and economic polarization today.


This is essential reading for anyone studying economic development, public policy, and Korean studies. 


We expect GSIS students to be inspired with various perspectives on major economic topics by the jornal attached.



For research inquiries, please email Professor Jwa at: jwa4746@naver.com.