The speaker will be Dr. O. Yul Kwon, and his topic is “Effects of Cultural Differences in Economic Development among the Four Asian Tigers.” The program will take place in the Center’s conference room from 10:30 a.m. to 12:00 noon.
Despite high expectations that the so-called four Asian tigers would quickly join the ranks of the advanced economies, South Korea alone among the four had not yet achieved that level as of 2012. Recognizing the complementarity of multiple factors shaping economic development, Dr. Kwon will discuss cultural effects on economic development. In particular, he will assess the effects of one important aspect of culture — social trust — in impeding Korea’s economic development. To this end, he compares thirty-three social trust indicators measured by five worldwide organizations for the four countries.
On almost all indicators, Taiwan and Korea have fallen significantly and consistently behind Singapore and Hong Kong. In particular, Korea recorded the lowest scores on almost all indicators, suggesting the need for Korea to further develop social trust as a key ingredient in promoting its economy toward advanced-economy status.
O. Yul Kwon retired in 2013 from Griffith University, where he held the Korea Foundation (endowed) chair in Korean studies and was director of the Australian Centre for Korean Studies for eighteen years. He is currently an adjunct professor of the Beedie School of Business and a faculty fellow for the Jack Austin Centre for Asia Pacific Business Studies of Simon Fraser University in Canada. He has published eleven books and edited three and has published numerous articles in refereed journals and business magazines.
Center for Korean Studies colloquia are free and open to the public. The Center is located at 1881 East-West Road on the UH Mānoa campus. Paid parking is available mauka of the CKS building. For further information, including arrangements for access for the handicapped, telephone (808) 956‑7041.