South Korea’s economic performance over the last 50 years was attributed largely to good fundamentals, including a high savings rate, strong human capital, sound institutions, and prudent fiscal and monetary management. Trade openness provided access to inexpensive imported intermediate goods, larger markets, and advanced technologies, thereby contributing to rapid productivity growth in the country’s manufacturing industries.
过去50年韩国的经济表现主要归功于良好的基本面，包括高储蓄率、雄厚的人力资本、健全的制度和审慎的财政和货币管理政策。贸易开放提供了廉价的进口中间产品，更广阔的市场和先进的技术，并因此促成了该国制造业生产率的快速增长。以绩效为基础的激励措施推动韩国在全球市场的比较优势不断提升。