SOUTH KOREA?????????????????????? you wish to think that what SK...

SOUTH KOREA??????????????????????

you wish to think that what SK can do - Oz can do?

ok - SK is YOUR example, let's run with it ------------- go take a look at what SK had to put in place BEFORE it's stunning rise economically -------

then - show me Duddo's great big investment COMMITTMENT to education - research - industry investment

you are talking about the Liberal Party of Australia - who has been active in CUTTING CUTTING CUTTING EDUCATION AND RESEARCH -

man, you're talking about one huge huge huge change of heart and attitude


South Korea's remarkable economic rise from the 1980s onward can be attributed to several key factors:


## Investment in Innovation and Technology
South Korea devoted significant resources to technology development and innovation, recognizing their importance for export competitiveness and growth.

It spends the largest share of its GDP on research and development (R&D), even surpassing the U.S. and Japan[1]. Between 1996 and 2015, South Korea's R&D intensity grew by 88.5%,

fueling its technological advancements and global competitiveness.
## Strategic Government Policies
The South Korean government implemented strategic policies to promote industrialization and economic development. These policies included heavy investments in key industries like steel, automotive, shipbuilding, and electronics, as well as support for the semiconductor industry, which became a major export[3].
## Skilled Workforce
South Korea invested in developing a skilled and educated workforce, which contributed to the success of its industries and enabled the adoption of advanced technologies[3]. The availability of a skilled labor force supported the country's economic transformation.
By combining export-oriented policies, a favorable business environment, investment in innovation and technology, strategic government policies, and a skilled workforce, South Korea was able to achieve rapid economic growth and transform itself from a predominantly agricultural nation into a global industrial powerhouse[1][3].

[1] https://www.stlouisfed.org/on-the-economy/2018/march/how-south-korea-economy-develop-quickly
[2] https://international.groupecredita...ational-support/south-korea/economic-overview
[3] https://santandertrade.com/en/portal/analyse-markets/south-korea/economic-political-outline
[4] https://eastasiaforum.org/2024/02/24/geopolitics-and-global-slowdown-weigh-on-south-koreas-economy/
[5] https://www.coface.com/news-economy...risk-dashboard/country-risk-files/south-korea