Name
1.Economic SelfReliance
Plan
3.Doubling National
Income Plan
5.Economic and Social
Development Plan
7.Economic and Social
Basic Plan
8.Economic Plan for
2nd Half of the 1970s
Plan
period
1956
~1960
1961
~1970
1967
~1971
1973
~1977
1976
~1980
Major purposes
Economic self-reliance
Full employment
High growth
Higher living standard
Balanced and fulfilled
economy/society
People’s welfare
International relations
Stable development
Fulfilled people’s living
Growth target
/actual growth
4.9%
8.8%
7.8%
10.0%
8.2%
9.8%
9.4%
3.5%
6%+
4.5%
Economic Plans that Played a Significant Role
During the rapid growth period, economic plans generally contributed to a consensus formation.