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.

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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
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article

Research on Different Development Stage Consumption and the Consumption Impact on Sustainable Development in South Korea

Jing Dong
Advances in Economics Management and Political Sciences
Asian Industrial and Economic Development
article

Research on Different Development Stage Consumption and the Consumption Impact on Sustainable Development in South Korea

Jing Dong
article en

Abstract

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.

Advances in Economics Management and Political SciencesVol. 142(1)
Xiamen University (CN)
Openalex Percentile: Top 60%
Asian Industrial and Economic Development
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Research on Different Development Stage Consumption and the Consumption Impact on Sustainable Development in South Korea — Jing Dong · Advances in Economics Management and Political Sciences (2024) | TGRS Research Map | TGRS