Export credit financing and export credit insurance and guarantee scheme in Korea
Author(s)/Corporate Author (s)United Nations. Economic and Social Council;
United Nations. Economic Commission for Africa;
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Korea is one of the fastest growing economies with an annual average growth of 8.1 percent in the sixties. Her export growth was 40 per cent over the sixties and a record 98 per cent in 1973 other sectors have recorded similar growth- Export development figures, centrally in all five-year plans of Korea. The leadership and initiative for export development stems from the President himself. Consequently, there is a high degree of export consciousness in both government and private sector, a mutual confidence between the two sectors, a high degree of co-ordination at the Governmental level and again with the private sector an absence of Ministerial frictions, and an all out effort to achieve export targets. The President regularly holds monthly conferences to review implementation of the export development programme and this has resulted in a highly efficient administration and performance.
Citation“United Nations. Economic and Social Council; United Nations. Economic Commission for Africa (1974-09). Export credit financing and export credit insurance and guarantee scheme in Korea. Addis Ababa :. © UN. ECA,. http://hdl.handle.net/10855/12871”
- Industrialization