South Korea succeeded succeed they did not get involved with the IMF. The IMF creates poverty. https://www.e-ir.info/2013/03/16/why-did-south-korea-grow-rich-c

South Korea succeeded succeed they did not get involved with the IMF. The IMF creates poverty. https://www.e-ir.info/2013/03/16/why-did-south-korea-grow-rich-c-1960-1985/ https://www.e-ir.info/2013/03/16/why-did-south-korea-grow-ri... Entry by multinational organisations was restricted as a means of maintaining its independence. South Korea also avoided ‘debt for equity traps’ when undergoing International Monetary Fund (IMF) stabilization policies in response to the debt crisis in the 1970s.