SOUTH KOREA: HOW TO KEEP THE MIRACLE GOING

摘要

South Korea has been one of the champions of economic growth, with annual growth of almost 6% in gross domestic product per person. As a consequence, the level of per capita GDP in the past 40 years has advanced tenfold. By comparison, it took the U.S. 130 years, from 1870 to 2000, to raise its per capita GDP by a factor of 10. Aside from a few other East Asian economies, such as Taiwan and Singapore, South Korea's accomplishments in the past four decades are unmatched in history.