Arbeitspapier

The legacy of Friedrich List: The expansive reproduction system and the Korean history of industrialization

This study revisits the theory of Friedrich List from a more comprehensive and modernized perspective and applies it to the Korean history of industrialization. Although List is well known as the scholar who insisted on the protection of infant industry, his argument on protectionism is a part of the broader picture depicted in his book The National System of Political Economy (1841). This study follows his theoretical legacy in various fields of study. Although we can find his theoretical influence in several fields of research such as the national innovation system, concept of national competitiveness, and theory of developmental state, these studies fail to embrace all the arguments of List. Additionally, theses models focus more heavily on the explanation of historical and regional development phenomena without providing general principles of economic development behind the phenomena. This study therefore aims to suggest the expansive reproduction system as a generalized and modernized version of List's theory and to show its example by using the Korean history of industrialization. Consequently, we argue that the economic development of Korea has been achieved by putting the theory of List into practice.

Language
Englisch

Bibliographic citation
Series: Hohenheim Discussion Papers in Business, Economics and Social Sciences ; No. 02-2016

Classification
Wirtschaft
Subject
Friedrich List
Economic Development
Korean Economic History
Economic Policy

Event
Geistige Schöpfung
(who)
Jun, Bogang
Gerybadze, Alexander
Kim, Tai-Yoo
Event
Veröffentlichung
(who)
Universität Hohenheim, Fakultät Wirtschafts- und Sozialwissenschaften
(where)
Stuttgart
(when)
2016

Handle
URN
urn:nbn:de:bsz:100-opus-11894
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Jun, Bogang
  • Gerybadze, Alexander
  • Kim, Tai-Yoo
  • Universität Hohenheim, Fakultät Wirtschafts- und Sozialwissenschaften

Time of origin

  • 2016

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