Irene Choi
- Published in print:
- 2013
- Published Online:
- May 2014
- ISBN:
- 9780804785259
- eISBN:
- 9780804788571
- Item type:
- chapter
- Publisher:
- Stanford University Press
- DOI:
- 10.11126/stanford/9780804785259.003.0010
- Subject:
- Business and Management, Innovation
The purpose of this chapter lies in outlining the key objectives of President Lee Myung-bak’s vision of green growth and some major challenges that need to be overcome. Ultimately, the Korean ...
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The purpose of this chapter lies in outlining the key objectives of President Lee Myung-bak’s vision of green growth and some major challenges that need to be overcome. Ultimately, the Korean government intends to create a partnership with the advocates of “green” and the advocates of “growth” to promote more balanced and sustainable growth. Within the historical context of authoritarian leadership behind Korea’s Heavy and Chemical Industry drive during the 1960s, we note that the transition from authoritarian to authoritative governance also bears significance in how the green growth story rolls out. In this sense, Korea’s green growth story is unique in two aspects: one, it was a conscious effort by the Lee administration to initiate a “green” spiral; two, the multiple ambitious objectives pursued by the government—energy security, economic growth, and emissions reduction—are aligned to sustain the push for greener growth.Less
The purpose of this chapter lies in outlining the key objectives of President Lee Myung-bak’s vision of green growth and some major challenges that need to be overcome. Ultimately, the Korean government intends to create a partnership with the advocates of “green” and the advocates of “growth” to promote more balanced and sustainable growth. Within the historical context of authoritarian leadership behind Korea’s Heavy and Chemical Industry drive during the 1960s, we note that the transition from authoritarian to authoritative governance also bears significance in how the green growth story rolls out. In this sense, Korea’s green growth story is unique in two aspects: one, it was a conscious effort by the Lee administration to initiate a “green” spiral; two, the multiple ambitious objectives pursued by the government—energy security, economic growth, and emissions reduction—are aligned to sustain the push for greener growth.