South Korea has gained economic development despite the obstacles it faced as a war-torn country with little natural resources and capital. Poverty, lack of democracy, as well as war and conflict were challenges the country faced in the early 1960s; issues not very different from what many...

South Korea has gained economic development despite the obstacles it faced as a war-torn country with little natural resources and capital. Poverty, lack of democracy, as well as war and conflict were challenges the country faced in the early 1960s; issues not very different from what many...

South Korea is one of the newest members to join the OECD’s Development Assistance Committee, and its ascendance was touted as an exemplary case of a recipient-turned-donor, which is a rarity in world history. In particular, South Korea’s rise to an advanced industrialized nation came in the...