A discussion on the causes of the Korean War and how it led to the transformation of the Asia-Pacific region.
Written in 2008; 2,205 words; 6 sources; MLA; $ 68.95
Paper Summary:
This paper argues that the most significant conflict in recent times over a major ideal was the Korean War. It suggests that the ideology of communism versus democracy was responsible for the rise of the developmental state and the economic Asian "miracle," which led to the conflict of the East Asian financial debacle of 1997-1998.
From the Paper:
"Consistent with the Japanese model, in South Korea, the industrialization that spurred such "breakneck economic growth" (Sang-Hun 2005) in one generation from 1960-1994 "was driven by government initiatives rather than market forces [as a] planed economy" (Hasung 2006). In South Korea large financial conglomerates, family-owned and operated chaebols, backed by the government were key players in this drive to lift Korea from poverty to power by developing Korean industries where capital markets were not yet established and competition in domestic markets was low. CFOs like Daewoo's Kim Woo Choong was committed to building a Korean industrial empire and mandated by President Park Chung to do so. The incessant amassing of wealth, popularly patriotic, was the general consensus invigorating that generation and sustaining the chaebols system."
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