TY - BOOK AU - KWON O Yul TI - Does culture matter for economic development in Korea PY - 2011/// KW - KOREA KW - ECONOMIC KW - DEVELOMPENT KW - CULTURE N2 - This paper introduces the concept of transaction costs as an intermediary between culture and economic development and also examines a variety of cultural changes in Korea in the recent past such as a declining sense of community , trust and law observance ER -