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The Emerging Markets Handbook: An analysis of the investment potential in 18 key emerging market economies by Pran Tiku

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Chapter 5: South Korea

Overview

South Korea is hailed as the gold standard when it comes to emerging market success. After the devastation of the Korean War and the financial crisis of the 1990s South Korea and some of its biggest companies have emerged as world beaters on the global economic stage. Its success can be attributed to its uniquely vibrant culture of innovation and world-class educational system that is serving as a blue print for other emerging markets. While its export dependence, aging demographics and a volatile North Korea remain concerns in the long term, South Korea is expected to be a trend setter among emerging markets for at least the next two decades.

Quick history

South Korea is often regarded by other developing ...

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