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The End of South Korea's Economic Miracle

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Content provided by Economics Explained. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Economics Explained or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

South Korea’s rise from post-war devastation to one of the world’s most advanced economies is often called an economic miracle. With global giants like Samsung and Hyundai leading its industrial growth, the country has built a reputation for innovation and resilience. This success stems from rapid economic liberalization, the pivotal role of chaebols, and strategic support from global allies. However, political turbulence and overreliance on mega-corporations now raise questions about the sustainability of its "miracle on the Han River" in a changing global landscape.

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252 episodes

Artwork
iconShare
 
Manage episode 457272775 series 2780780
Content provided by Economics Explained. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Economics Explained or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

South Korea’s rise from post-war devastation to one of the world’s most advanced economies is often called an economic miracle. With global giants like Samsung and Hyundai leading its industrial growth, the country has built a reputation for innovation and resilience. This success stems from rapid economic liberalization, the pivotal role of chaebols, and strategic support from global allies. However, political turbulence and overreliance on mega-corporations now raise questions about the sustainability of its "miracle on the Han River" in a changing global landscape.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

252 episodes

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