This latest volume in the series Studies in Modernization of the Republic of Korea: 1945-1975 examines the relationship between economic developments and the government’s population policy and its implementation. Against the background of Korea’s traditional population pattern and the baby boom of the 1950s, the authors consider the changes wrought by migration, fertility, decline, and the government’s evolving program for family planning. The change from a traditional agricultural economy with a high and largely unregulated birth rate to a predominantly urbanized economy with a widespread and sophisticated family-planning program is one further feature in the rapid modernization of Korean government and lifestyle since that country’s emergence from colonialism.

In India the high cost of savings makes the efficient use of investable resources crucial. Robert Repetto's empirical study of selected Indian development programs shows that efficiency in investment depends largely on the effective management of time and on success in accelerating the benefits of investment projects. The author discusses improvements at program and sectoral levels that have been adopted by Indian planners and managers, as well as others that may be within reach. Selected case studies indicate how his general argument applies to the development of infant industries, the choice of techniques, and the conduct of social programs. This statistically documented study has implications for development planning in all labor-abundant economies.