KDI 한국개발연구원

요약 The rapid economic growth and development that Korea has
achieved since it embarked in the early 1960s on a series of
five-year development plans has drawn increasingly wide
attention. Of these plans, the Fifth Five-Year Economic and
Social Development {lan spanning 1982 Through 1986 has special
significance.

In a major departure from past planning patterns, the Fifth
Plan emphasized private initiative and greater use of market
forces as the Korea economy grew in size and became more
complex. Moreover, the [lan also gave considerable weight to
social development programs, along with sustained economic
growth with stability.

The Fifth Plan assumed added importance as it was meant
to chart a course for the Korean economy to recover from the
setbacks of 1979-80 and resume the pace of continued high
growth. The plan proved successful. Under its auspices, the
Korean economy rebounded form the negative growth of 1980
and saw its chronic inflation subside, while most other
economies were mired in an prolonged worldwide recession in
the wake of the second oil crisis.

This book is the second of a two-volume series of essays
written for the Firth Five-Year Plan, These essays represent the
work of a number of specialists, mostly foreign consultants who
were brought in to study specific aspects of the korean economy
and to offer policy recommendations for the Fifth Five-Year
Plan.

This collection of essays provides comprehensive, in-depth
analyses of various major aspects of the Korea economy at the
time, and many of their policy prescriptions are still relevant.
Furthermore, this collection provides an illuminating and practical
insight into the process of development planning, at a time when
policymakers face difficult decisions in trying to adapt to
changing economic and social conditions.

(※ 서문에서 발췌한 내용임)