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South Korea in the Fast Lane$
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South Korea in the Fast Lane: Economic Development and Capital Formation

Young-Iob Chung

Print publication date: 2007

Print ISBN-13: 9780195325454

Published to Oxford Scholarship Online: September 2007

DOI: 10.1093/acprof:oso/9780195325454.001.0001

Capital Formation

Chapter:
(p. 348 ) 10 Capital Formation
Source:
South Korea in the Fast Lane
Author(s):

Young‐Iob Chung (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780195325454.003.0010

This chapter assesses the balance between investment and savings by examining the deficit and surplus savings sectors for the last half of the 20th century following the Korean War. In order to gain comprehensive insight into the contribution of each component of investment to the overall capital formation and economic development of the country, investment is linked to the sources of the savings that financed it, and their relationship and relative importance are evaluated.

Keywords:   deficit savings sectors, savings, financing, investment, surplus savings sectors

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