South Korea’s Path, by Gabriel

One of the most impressive economies of the world, South Korea has a great range of qualities to teach and to show. With 99,237 Km² and a GDP of US$ 787.5 billion, that country has improve its working ethic to reach that outstanding economic boom during the last decades. In 1962, for instance, to be aware of the raising, it had a GNI of US$ 87 dollars, and yet now it is around US$ 16,291. The path to that achievement was a massive program of education, especially in the primary one, and a rampant investment in infra-structure linking the main cities to the YSEB (Yellow Sea Economic Basin)..

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Through such space, South Korea could improve its economic integration with Japan, Taiwan, and Singapore. On the other hand, they could insulate itself from China and North Korea, two big ideological problems within the region. As yet, nevertheless, a better relationship with China has gained room each lesser in political life and more in a working ethic. Those standards may be split off in order to regard the gap done in the imagination of their prosperity. On one side they wield politics, and on the other hand productivity and increasing income over time.. 

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the American’s point of view, economy, or a working ethic, is inherently close together with the liberty of expression and therefore politics, which make the capability of fearless innovation. Although there are many examples of a development pushed by the state, the so-called Developmental State, inside that continent, mainly or barely in Latin America, this sort of development, in which the state and its liberties do not have nothing to do with that principles of the North American’s economy and it is a new way to look at this process. Perhaps it is a good manner for many countries whose income needs to be higher faster than usual..

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Gabriel Raposo Steinbach