by Jared Fruland
South Korea will likely fall further behind Japan unless it takes steps to become more competitive and less imitative of its larger neighbor. The economic gap is most likely due to Japan's increasing technological advances. South Korea needs to have an economic reavluation of itself, in order to increase the falling economy. South Korea has mainly seen Japan as a major economic competitor. This could be due to Japan's occupancy of S. Korea from 1910-1945. With the increasing economy do you believe that South Korea will overcome the economic stance as second to Japan?
1 comment:
I don't think in the near future South Korea will overcome Japan economically. Japan has a much larger head start (even though it has had some tough times) and seems to be moving in the right direction. South Korea though is light years ahead of its brother to the North and will still play a vital role in advancing the economics of the region. Both South Korea and Japan need to work closely together to help advance each other and to maintain their economic status, not only regionally, but globally. Very interesting topic.
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