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South Korea tried their take on Wirtschaftswunder. They had a model and they knew how to achieve it through propping their industries. To some extent you could
by mathverse 4y ago
South Korea tried their take on Wirtschaftswunder. They had a model and they knew how to achieve it through propping their industries. To some extent you could say they were state owned companies as they were intentionally directed to do certain things.
- mdp2021 4y agoYes, but the point of the article is that research does not seem to have been able to point out what exactly were the "learnt lessons", the winning components in those «propping» and «direct[ing]».