Analysis of Developmental Chronology of South Korean Compressed Growth as a Reference from Sustainable Development Perspectives

Abstract

Global challenges including overpopulation, climate change, and income inequality have increased, and a demand for sustainability has emerged. Decision-making for sustainable development is multifaceted and interlinked, owing to the diverse interests of different stakeholders and political conflicts. Analysing a situation from all social, political, environmental, and economic perspectives is necessary to achieve balanced growth and facilitate sustainable development. South Korea was among the poorest countries following the Korean War; however, it has developed rapidly since 1955. This growth was not limited to economic development alone, and the chronology of South Korean development may serve as a reference for development in other countries. Here, we explore the compressed growth of South Korea using a narrative approach and time-series, comparative, and spatial analyses. Developmental indicators, along with the modern history of South Korea, are introduced to explain the reasons for compressed growth. The development of the mid-latitude region comprising 46 countries in this study, where nearly half of Earth's population resides, was compared with that of South Korea; results show that the developmental chronology of South Korea can serve as a reference for national development in this region.