Understanding the growth story of South Korea

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Understanding the growth story of South Korea What made the small nation turn into a land of corporate giants in a few decades?

Visiting new places is always wonderful as it brings with it the excitement of to exploring the unknown. Our trip to South Korea and KAIST, a public research university, as part of our international immersion module, is one such experience. Given that many Asian countries began their journey towards development around the same time, it is fair to draw comparisons with India. South Korea, in particular, makes for good comparison. The economy of both countries was roughly the same size in 1990 (about $300 billion in GDP) and both…