Command economy Quote by Euny Hong

“Korea has no natural resources and very little arable land. Compounding the problem is that labor costs have risen so dramatically in the last…

— Euny Hong

“South Korea knew that it was a poor country not long ago, and they had learned that defeating poverty was a national effort. Paying”

— Euny Hong

“Just finished [Capitalist in North Korea]—fascinating! What an experience. Wow.”

— Justin Rohrlich Emmy Award Winner Head Writer Minyanville's World In Review

“If our troubles were purely the result of US imperialism, why weren’t South Koreans starving too?”

— Masaji Ishikawa

“Even South Koreans themselves struggle mightily to fit into their own success-obsessed, status-conscious, education-crazed culture.”

— Blaine Harden

“Finally, when growth comes under extractive political institutions but where economic institutions have inclusive aspects, as they did in South Korea, there is always…

— Daron Acemoğlu

South Korea's economy is still difficult. I will create a country where nobody worries about putting food on the table.

— Park Geun-hye

When the Korean economy was just trying to get back on its feet after the war, having parks was a luxury

— Lee Myung-bak

“Onerously, Korea still has not managed to wean itself off its reliance on the chaebols—the mega conglomerates like Samsung and Hyundai. True, these companies…

— Euny Hong

“We were taught that the United States brutally slaughters our brothers and sisters in the south. That we must free the people of South…

— Masaji Ishikawa

“It is also generally assumed that, despite this rancor, the ultimate reunification of North and South must be the dream of all Koreans. However,…

— Daniel Tudor

“Bankruptcy cleans out the system. What’s wrong with that? South Korea went through this in the late 1990s. They didn’t have anyone to bail…

— Ziad K. Abdelnour