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Congo and Korea: A case study in divergence

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  • Congo and Korea: A case study in divergence
  • Garner, Phillip
  • Brigham Young University


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Title Congo and Korea: A case study in divergence
Similar Titles
Material Type Reports
Author(English)

Garner, Phillip

Publisher

[Provo, U.S.]:Brigham Young University

Date 2006-03
Pages 39
Subject Country Democratic Republic of the Congo(Africa)
South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Administration
Government and Law < Public Administration
Holding SSRN

Abstract

The growth experiences of the Democratic Republic of the Congo and South Korea over the last several decades have been polar opposites. South Korea has had one of the world's fastest growing economies and the Democratic Republic of the Congo one of the slowest. Despite this divergence in economic outcomes, the two countries shared some initial similarities. Both initially were very poor and had high population growth rates. Both suffered from harsh colonial regimes and experienced civil strife following independence. Both experienced military coups that created repressive authoritarian regimes. Both were Cold War allies of the United States and received considerable amounts of aid. On the other hand, there were also important initial differences in population density, ethnolinguistic diversity, natural resource endowments, and geography. If anything, given its enormous mineral wealth, economic prospects probably looked brighter in the Democratic Republic of the Congo than in South Korea. (The rest omitted)