COMPREHENSIVE RURAL DEVELOPMENT STRATEGIES OF KOREA AND THEIR IMPLICATIONS TO DEVELOPING COUNTRIES

Abstract

This paper analyzes a series of policies and programs for the comprehensive rural development of Korea, and proposes a suitable method for rural development in developing countries. Each policy is described and compared based on the background, implementation methods, progress, performance, implications, etc. This study provides suggestions for developing countries with useful practical tips on eradicating absolute poverty, including appropriate target regions and comprehensive development strategies adoption. This paper provides several policies and project support for rural development in developing countries. However, Korea's successful experience will not produce the same effects on developing countries. Therefore, those suggestions need to be adopted with considerations on specific social, economic contexts of developing countries.