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[QUOTE]Originally posted by zarahan- aka Enrique Cardova: [QB] [QUOTE]Originally posted by Amun-Ra The Ultimate: [qb] [QUOTE]Originally posted by zarahan- aka Enrique Cardova: [qb] SOuth Korea got plenty of aid from the US, [/qb][/QUOTE]Overplayed by capitalists/neo-liberal litterature and media. Nobody provide aid to other people for their beautiful eyes (only self-interests). South Korea had rules preventing foreign ownership of business higher than 30% (and x%) in many sectors of the economy (they called it negative and positive list*). As did and still do other countries in Asia. South Korea was built through South Korean initiatives: enterprises, South Koran conglomerates, education, research, agriculture, trading, etc. Most foreign investments, always a small part of the total investments in any country, were not aid but investments in South Korean enterprises and projects (aka bankable businesses/projects). Read books written by Park Chung Hee, otherwise taking to you is like talking to a western media spokesman because your knowledge is restricted or tainted by what you read from them and their reports (which is understandable since it's difficult to do otherwise). *A bit like this: [URL=http://www.doingbusinessthailand.com/blog-thailand/doing-business-in-thailand/company-formation-thailand/invest-in-thailand-may-your-investment-be-exercised-under-the-form-of-a-100-foreign-owned-business.html]http://www.doingbusinessthailand.com/blog-thailand/doing-business-in-thailand/company-formation-thailand/invest-in-thailand-may-your-investment-be-exercised-under-the-form-of-a-100 -foreign-owned-business.html[/URL] [/qb][/QUOTE][IMG]http://blog.chron.com/tubular/files/2014/01/liz-lemon-eye-roll.gif[/IMG] Once again you simply are "debating" what is not at issue, and then repeating the painfully obvious. Of course "nobody provides aid to other people for their beautiful eyes (only self-interests)." Whoa! What a revelation there dear Captain Obvious! Who doesn't know this? And this was never at issue above. And then as usual, you posture as someone who knows so much about the topic- even while proffering weak or shaky information. In fact, South Korea got plenty of foreign aid, and that aid was helpful in its industrialization and development as credible studies show. See for example below- QUOTE: [i]Post-war Korean economic development is, in part, due to well-managed development aid. For most of the post-war period, Korea was an aid recipient. The Korean government successfully utilised this financial assistance to overcome various domestic challenges through state-led projects designed to spur economic development (Kim J., 2011; Evans, 1995). According to Korean government estimates, the country received USD 12.7 billion between 1945 and the late 1990s, ‘which helped spur economic development and decrease poverty’ (OECD, 2008: 9). As illustrated by Figure 1, this aid was primarily provided by the United States, Japan and the European DAC members.Japanese loans issued in 1981 constituted the last significant aid assistance Korea received."[/i] South Korea’s Transition from Recipient to DAC Donor: Assessing Korea’s Development Cooperation Policy 2013. https://poldev.revues.org/1535 Yet you again insinuate the claim that aid was such a minor part of the picture. It was not. You say read Park CHung Hee, but here is what Park himself says in 1963, re aid- noting that US aid made up 52% of the Skorean budget QUOTE: [i]"This repesents 52% of the total budget.. thus more thanhalf the national budget depended on the United States.. It showed, dramatically, that our government would have to instantly close down if US aid were withheld or withdrawn." [/i] --(Park Chung Hee, 1973- quoted in Korea's Development Under Park Chung Hee By Hyung-A Kim. 2004.) That's a direct quote from Park- contradicting your claim. Once again you make all these sweeping pronouncements as if you know, but when even elementary examination is made of what you say, you again fail. Learn to get a better grasp of the facts before you come up with these sweeping statements. [/QB][/QUOTE]
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