Wednesday, December 12, 2012

A Quick Jump to a Top Spot


The 1988 Olympic games did more then just turn the worlds attention to Korea, it pushed Korea to become one of the newly industrialized nations. When the Olympics came to Korea it was a developing country. However, after adding 330 thousand new workers, raising the national income 12.4% from 1981. Not to mention the GDP per capita boosted the the US dollar from 2300 to 6300. Holding the Olympics brought Korea 300 million US dollars of profit for them, but it industrialized their country. Korea was one of the lucky countries that continued to prosper even after the Olympic games, becoming one of the East Asian Tigers. 







Information:
http://nccuir.lib.nccu.edu.tw/bitstream/140.119/37406/8/803008.pdf

Photo:
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEic0gMoHMxtNCqFf8H5sSZefVLaC-ft6D-has8t-KFGDn98ZLJNywT2-BJAVIM1ZIbp7rtGbSKF3PgZK3yTmAqYnybGsGitMSDER0NvhM4N-HSXLC5LxZnGdCjZ-riTIiF9si_rUlFlKgc/s1600/Angry-Tiger-Face-Picture-2.jpg

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