CONCLUSION:
Why did “they” succeed? After the World War II, South Korea was one of the world’s poorest countries, all their economic achievements since liberation were all but completely wiped out by the war; sufferings, tortures and sacrifices they suffered; they had recovery from the post-liberation chaos, and economic output had reached the level of the colonial period. Japanese colonization, the colonial state in Korea was the biggest helped for them. Some of the factors are the developmental state that provides a useful model and an approach that has been contributed to their economic growth; the social, political and economical transformation; the rapid industrialization and economic expansion, and the tremendous export-led growth was probably the highest in the world. Embracing the various comparative advantages in manufacturing, high technology and skill-intensive exports, trading and service businesses; they undergone a process of development with all the social and political consequences, they also practiced various forms of state intervention, protectionism and strategic trade guidance with the support of Japanese state that provides them into a major market, in accordance, with the patterns of the developmental state and its manifestation.
Changes in aspirations and perceptions, values, trust and confidence even the implications had been quite dramatic in its transitional that which has resulted from their remarkably economical growth.