Posted on Jun 5, 2022
The Dark Side of South Korea's Incredible Economic Success
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What is interesting is companies from all over the world built factories in Japan. It took several decades for Japan to make quality products. I believe large corporations expected Korea to become an economic tiger so they invested in that country. Korea reached the industrial age faster than Japan. Foreign corporations capital investing in Korea gave the country the knowledge to produce quality products. China's economic evolution is interesting. They made cheap products for several decades to export. I believe foreign corporations investing in production plants in China gave the country the know how to facilitate the evolution of its economy from agrarian to industrial, computer, and high tech products simultaneously. This was not normal because the evolution of economies is linear.
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