Growth and inequality in the Republic of Korea during the 1990's decade

The Republic of Korea is usually cited as an example of growth with equity.
The development process was accompanied by a rapid industrialization
process and an intense and continuous increase in the educative stock of its
population since the decade of 1950, tendency that continued during the
1990’s. However, during this decade some of the structural foundations of its
model of industrialization were altered, being reduced the rate of growth and
increased the inequality in income distribution. The objective of this article is
double: on the one hand, to describe the evolution of labour income inequality
in Korea from the decade of 1990 to year 2005 and, on the other hand, to
investigate some of the causes of this evolution.
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