Korea’s rapid economic rise and lessons for developing economies

  • 2011-10-26
A retrospective on President Park’s periodAs mentioned in the second contribution of this series, the former general-turned President Park Chung-hee ruled the country from 1961 to 1979 and is considered a very controversial figure in modern Korean history. However, no one would deny the fact that he presided over an incipient economic boom and should be given a lot of credit for having laid the groundwork for the rapid industrialization and subsequent prosperity of his motherland in the decades to follow.Emerging from humble origins, the strong-willed President Park had a...
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