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South Korea must be an exception to '...a fledgling industry in a developing country cannot compete with those of already industrialized countries..'. The elect
by testrun 6y ago
South Korea must be an exception to '...a fledgling industry in a developing country cannot compete with those of already industrialized countries..'. The electronics industry in Japan and the USA was already well established before South Korea started out. China too, for that matter.
- monocasa 6y agoSK and China employ protectionist policies of the type that the IMF and World Bank forbid in order to get loans.