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I didn't mean to imply that South Korea developed all on its own. (A good example of a country that tried to do that, with closed borders, is its northern neigh
by gottorf 3y ago
I didn't mean to imply that South Korea developed all on its own. (A good example of a country that tried to do that, with closed borders, is its northern neighbor.) Certainly, having the foremost superpower in its corner helped tremendously, much like the Marshall Plan did for post-WW2 Western Europe. It's a fascinating history that I can in no way do justice in a HN comment, save to say that one can't simply throw money at a country and come out with a result like South Korea. :-)
- yobbo 3y agoTo put the "Marshall Plan" into a modern perspective, it was equivalent to $173 billion in 2023 dollars, over a period of four years. https://en.wikipedia.org/wiki/Marshall_Plan https://en.wikipedia.org/wiki/Marshall_Plan