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Generating Upward Mobility: The Case of Korea and Private Sector Development

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Pathways Out of Poverty
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Abstract

Employment creation is the best way to achieve growth and equity at the same time: namely, “shared growth.” Yet it is not the sheer number of jobs, but the quality of newly created jobs, that is most important in the development process. Simply put, what matters is the number of good jobs created. Good jobs imply high-productivity, high-paying jobs with the possibility of promotion. In this regard, and in its particular path of private sector-led development, Korea has abundant lessons to offer.

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© 2003 The International Bank for Reconstruction and Development / The World Bank

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Park, SI. (2003). Generating Upward Mobility: The Case of Korea and Private Sector Development. In: Fields, G.S., Pfeffermann, G. (eds) Pathways Out of Poverty. Springer, Dordrecht. https://doi.org/10.1007/978-94-010-0009-3_5

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  • DOI: https://doi.org/10.1007/978-94-010-0009-3_5

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-0-8213-5404-9

  • Online ISBN: 978-94-010-0009-3

  • eBook Packages: Springer Book Archive

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