A Look at South Korea

Robert Hsu, March 27, 2008

Although South Korea lacks the towering skylines of emerging cities, that doesn't mean that it isn't prospering. Since the 1960s, the country has experienced a high rate of growth to become one of the fastest-growing developing nations in the world. The country's successful industrial sector has led the way, manufacturing products for export as South Korea is also one of the world's top exporters. Going forward, I expect South Korea's rapid development to continue. The country recorded a 4.9% growth rate in 2007 and experts look for this rate to be even higher this year.

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