This introductory chapter presents the objectives of the book and its scope of analysis in terms of the extent, pattern, and character of capital formation and its contribution to South Korea's economic development and structural changes in the economy after the Korean War. This reveals a unique experience compared to that of other countries with similar backgrounds, especially those in Asia. The chapter also notes the reasons why the study of economic development and capital formation is essential to understanding the path of South Korea's economic development. The approach followed in this study and the nature of data sources used in this book are discussed.
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