State Effectiveness and Foreign Aid: Catalysts for South Korea’s Economic Miracle

Sources : https://www.nytimes.com/2023/07/27/world/asia/korean-war-armistice-anniversary.html & https://concreteplayground.com/sydney/feature/first-timers-guide-to-seoul-the-capital-of-south-korea Among the few nations that have transitioned from recipients of foreign aid to economic powerhouses, South Korea stands out for achieving economic self-sufficiency after decades of assistance and transforming into one of the world's most advanced economies. In 2009, South Korea joined the OECD’s D...