South Korea and Poland present two distinct solutions to the challenges of late economic development.

7 comments

1. Man I prefer to be average rich country with life balance then Korea dystopia where you work 70h per week

2. it reads like sloppy chatgpt output

   Poland doesn’t even present any solution in this fragment

   /edit: who even is that guy? he copy pastes his own face onto Trump desk pictures

3. we have protected our ‘champions’ from foreign competition 1945 – ~1994 (still a few years after the fall communism there were very high taxes on import of used German cars for example)

4. This is a nonsense analysis, South Korea may *seem* (from a distance) to share some similarities, but they’re nothing alike. The Korean war ended in 1953, with the South landing in the American sphere of influence and getting preferential Western treatment. Coincidentally, Samsung was *also* established in 1953. Samsung Electronics in 1969. Similar story for the S. Korean car industry.

   So, what was Poland supposed to do **two decades** later in 1990 with an economy in tatters? “Protect the nascent industries” of UNITRA and FSO… until they catch up with SONY and BMW?

5. KGHM?

6. Yeah, Poland should follow Korean example and live under total Chaebol dominance /s

   Protectionism is bad long term.

7. Of course it cannot converge, it’s ridiculous to event consider that. The system was designed so that CEE countries forever remain a dependent, cheap sub-contractors, which by definion means they remain less wealthy.