Research on Different Development Stage Consumption and the Consumption Impact on Sustainable Development in South Korea
Sustainable development has become a cornerstone of global economic progress, shaping the decisions and policies that guide nations today. The economic trajectory of each country, including the current situation, is deeply rooted in its historical development. By examining this historical context, we can better understand the present and make informed predictions about the future. This article delves into the economic evolution and consumption patterns in South Korea over the past 50 years. Through a detailed analysis of historical data, the study seeks to reveal how South Koreas economic strategies and consumption trends have influenced its sustainable development. Furthermore, the article offers tailored recommendations for promoting sustainable growth in alignment with South Koreas current economic landscape. By exploring the intricate relationship between consumption levels and economic development, this study provides valuable insights into how past practices have shaped present conditions and offers a roadmap for future sustainability. The goal is to not only understand the past but also to leverage this understanding to craft strategies that ensure long-term economic and environmental well-being.
Authors
- Jing Dong (ORCID: https://orcid.org/0000-0002-7027-9567)
Institutions
- Xiamen University (CN)
Publication Details
- Journal
- Advances in Economics Management and Political Sciences
- Published
- 2024-12-26
- DOI
- https://doi.org/10.54254/2754-1169/2024.ld18584
- Primary Topic
- Asian Industrial and Economic Development
- Type
- article
- Field-Weighted Citation Impact
- 0.00