Competition Quote by HoYeon Jung

When we travel to other countries, the Internet speed is so much slower. So I think in terms of technology, 5G and Internet speed,…

— Park Won-soon

“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

An exploration of the challenges Korea faces in transforming its economy from a government-directed, low-cost producer to an innovative world economic power based on…

— Lewis M. Branscomb

South Korea's investment in Russia has not been smooth, ... Korea had planned to carry out 126 investment projects worth 273 million, but in…

— Vladimir Putin

Korea can't become a 'first-class' nation unless regulation and 'a sense of power' disappear. The nation's politics is the fourth-class, bureaucratic are the third-class,…

— Lee Kun-hee

“There is another, bleaker reason why Korea has little reason to fear that other countries will try to emulate the K-pop export model: the…

— Euny Hong

“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

The Korean economic miracle was the result of a clever and pragmatic mixture of market incentives and state direction.

— Ha-Joon Chang

Just to take a couple steps back historically, Korea, as you can see, is located among what we call big countries. And historically we've…

— Lee Myung-bak

“The government in North Korea is a communist dictatorship opposed to private property and markets. But it is difficult to control black markets, and…

— 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

“The South Korean economy is a paradox: it is utterly capitalist, yet at the same time it is in some ways still a command…

— Euny Hong