Study of Taiwan and South Korea

Paper Summary:

Examines the similarities seen between the development of Taiwan and South Korea, since they became independent nations in 1953. More specifically, this paper examines the economic development of both countries, the support and financial assistance they receive from the West, the threat from external aggressors they are both exposed to, the protection they receive from the United States, and the development of their infrastructure.

From the Paper:

"South Korea is constantly threatened by North Korea, and the current saber-rattling by the North Koreans makes South Koreans jittery and may also raise questions about the safety of economic investment there from the West. The fact that both South Korea and Taiwan have achieved as much as they have in spite of such threats raises the question of how much they could develop if these threats were removed, though this does not seem likely in the near future. Both nations have achieved a similar level of development in the era since 1953 and have become major forces in the economic development of all of Southeast Asia."

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