Colloquium: Effects of Cultural Differences in Economic Development

CKS logoThe Cen­ter for Kore­an Stud­ies spring col­lo­qui­um series gets under­way Fri­day, Jan­u­ary 10, 2014, with an exam­i­na­tion of cul­tur­al dif­fer­ences in eco­nom­ic devel­op­ment.

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.