Technology, Energy and Development
The South Korean Transition
This important book sheds new light on the role of technology in economic development. It argues that the choice of technology must be viewed in relation to employment, income distribution, human development and the fulfilment of basic needs.
The general argument in the book is illustrated with reference to the economic transformation of South Korea. This transformation is found to be a move from a traditional technology system to a modern technology system. The book highlights the linkages throughout the economy among production, income distribution, consumption, employment and related economic variables. It demonstrates the transition as a complex phenomenon with different costs and benefits for different socio-economic groups.
Technology, Energy and Development will be essential reading for those with an interest in economic development and technological change.
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What Reviewers Are Saying
`This book is indeed an intellectual tour de force. It combines state-of-the-art formal mathematical modelling with historical and qualitative analysis to elucidate a controversial area of East Asian economic development.' -- Juzhong Zhuang, Economics of Planning