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Making it their project

By Jwa-Seop Shin, Young-Seok Lee and Hee-Jae Yoo

South Korea has changed from a being an aid-recipient to a donor nation. It was among the poorest in the 1960s after

the devastating Korean War during 1950 to 1953 and 35 years of Japanese colonial rule. But by 2010, it had become a member

of the OECD Development Assistance Committee. “The Miracle of Han River” is now a role model for economic development.

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