Over the past three decades, South Korea's economic performance has bordered on a miracle. Few economies have achieved such spectacular growth in such a short period of time. Korea's development process provides a sharp contrast to the lackluster growth experienced by many other developing economies and represents several unique characteristics even in comparison with its neighbors Japan and Taiwan. At the same time, certain aspects of its development remain minor mysteries requiring further examination and scrutiny. At the very least, the meteoric rise of a small economy and its people to...
Over the past three decades, South Korea's economic performance has bordered on a miracle. Few economies have achieved such spectacular growth in s...