The current account surplus of the Republic of Korea (henceforth Korea) increased significantly in the immediate … changes on Korea's trade is not robust during non-crisis periods. Exchange rates only significantly affect trade when … issue. Korea's external imbalances are not only caused by external factors; they also reflect internal and policy factors …

This study investigates the economic growth and catch-up of the Republic of Korea over the past half-century. The gap … of output per worker between the Republic of Korea and United States has decreased rapidly, as the Republic of Korea … conditional convergence theory. Cross-country regression further suggests that the Republic of Korea's catch-up to the United …