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    The End of South Korea's Economic Miracle

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    The End of South Korea's Economic Miracle

    FromEconomics Explained

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    UNLIMITED

    The End of South Korea's Economic Miracle

    FromEconomics Explained

    ratings:
    Length:
    16 minutes
    Released:
    Dec 24, 2024
    Format:
    Podcast episode

    Description

    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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    Released:
    Dec 24, 2024
    Format:
    Podcast episode

    Titles in the series (100)

    On Economics Explained, we take a look at interesting countries, policies, and decisions from the point of view of an economist. The world is an interesting place and we hope to uncover some of this intrigue in our short, informative podcasts.