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  • Sagi Keun
  • Super Waygook

    • 344

    • May 10, 2018, 11:47:23 am
    • Los Angeles

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By one measure of living standards, South Korea has overtaken Japan
February 2, 2022

When japan and South Korea normalised relations in 1965, Park Chung-hee, South Koreaís dictator, got a good deal. The $800m in soft loans and grants he secured from the Japanese government, and the Japanese investment that followed, fuelled an economic engine that would go on to yield annual gdp growth of more than 7%, on average, for the next five decades. Richard Katz, an economist at the Carnegie Council for Ethics in International Affairs, has found, based on data from the World Bank, that South Koreaís gdp per person measured at purchasing power parity (ppp) exchange rates surpassed Japanís in 2018.

https://asianpolyglotview.com/2022/02/by-one-measure-of-living-standards-south-korea-has-overtaken-japan.html
https://www.economist.com/graphic-detail/2022/02/01/by-one-measure-of-living-standards-south-korea-has-overtaken-japan


Re: By one measure of living standards, South Korea has overtaken Japan
« Reply #1 on: February 05, 2022, 01:44:45 pm »


It doesn't matter because Korea hasnt received theor 10,001st apology!