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Nairaland Forum / Nairaland / General / Politics / How did South Korea become wealthier than Africa combined in less than 70 years (2214 Views)
Three Persons In Nigeria Wealthier Than 83m Nigerians – Oxfam / How Did South Korea Become Wealthier Than Most African Countries / Lagos, Akwa Ibom Rivers To Spend More Than 15 Other States Combined In 2021 (2) (3) (4)
|How did South Korea become wealthier than Africa combined in less than 70 years by adamsmith914: 6:16pm On Feb 11, 2022|
How did South Korea become 100 times wealthier than African countries combined in less than 70 years?
Depressing propaganda, and education.
During the massive industrialization in South Korea schools would repeat “Our country doesn’t have natural resources. So what does that mean?” and the kids would reply “We have to study”, and the teachers would say “The human mind is the best recourse” or something like that.
South Korea quite literally had nothing after the war. We had no building left, we had no money left. But what we did have was a lot of people. With this parents made their children study for hours for a better future than themselves.
Exporting meant everything for the Korean economy. Since we had absolutely no natural material to gain money from, we used the American aid and began building factories and started importing materials from foreign nations. As this happened we would export as much as we could.
South Korea’s development also largely has to do with nationalism. The people would do everything for the country as if it was their own son. During the IMF crisis in Asia South Korea was hit extremely hard, yet was able to recover in such little time. A lot has to do with the people.
During that period the South Korean government asked the people for gold to pay off the debt. Surprisingly the people actually did listen, people would line up with their marriage rings and other important gold assets and just give them to the government.
Its an economic miracle for South Korea, now with all this said, I would like to add i am NOT a professional economist. So that means I might be incorrect in my statement but put aside ethnicity & religion, Nigeria could get there.
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|Re: How did South Korea become wealthier than Africa combined in less than 70 years by budaatum: 6:24pm On Feb 11, 2022|
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|Re: How did South Korea become wealthier than Africa combined in less than 70 years by adamsmith914: 6:37pm On Feb 11, 2022|
Every citizen in South Korea, including those that have never attended secondary school, understand the essence of national strength relies on the ability to produce top-notch technology and science.
The ultimate generator of national wealth and national security resides in rule of law, good education system, and national investment in future economy.
Many once-promising developing countries like Nigeria, failed to transcend to developed countries because their leaders and people got corrupted by materialism and short-term profit. Koreans have that greater scope coming from its rich culture and history to remind and discipline them to work hard and get educated.
To Korea, the economy miracle is just a bounce back after on hundred years of humiliation. The lesson is they failed to adapt to modern industrialization and democracy fast enough to prevent Japan’s occupation and subsequent wealth drain. They don’t want that to happen ever again.
That mindset makes a stark contrast to most stagnant developing countries in Africa because those developing countries like Nigeria, either became complacent, lacks the culture of patriotism, pragmatism, education, and unhealthy but necessary workaholicness.
Let’s take a look of African countries. Most African countries that were formed after west colonization don’t have natural borders, which leads to wars and political instability. Some political stable African countries fall prey to modern colonialism of western cooperation, and people have no power nor knowledge to overthrow the corrupted totalitarian regimes.
These countries struggle to peacefully transform to democratic regime because the leaders lacks patriotism and despise education.
Some semi-democratic developing countries that have sovereign independence rely on first and third industry and can’t develop second industry so their wealth are drained to buy goods such as cars, electronics, and online services. Korea produces cars and electronics.
They all strive to develop high additive value industry while reduce importation of high value consumer products.
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|Re: How did South Korea become wealthier than Africa combined in less than 70 years by Ttalk: 7:07pm On Feb 11, 2022|
It would be a mirage to expect patriotism from Nigerians. The reason being that there's no any genuine binding force among different ethnic nationalities that was fused together to form a country.
When you see Obasanjo or IBB preaching unity, just take it as opinion of the few recruits that are benefitting from the country.
I am yet to see any one that claim to be a patriotic Nigeria that is not benefitting unjustly from the corrupt system
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|Re: How did South Korea become wealthier than Africa combined in less than 70 years by GraphicsMaster1: 7:20pm On Feb 11, 2022|
South Korea is trying no doubt. But they still need a president like Buhari to take them to the next level and lead them to the promise land. my 2cents
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|Re: How did South Korea become wealthier than Africa combined in less than 70 years by system21: 7:46pm On Feb 11, 2022|
Nigeria will never progress with nepotic idiot like Buhari as a president.
You can not plant bitter leaves and expect to harvest mango
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|Re: How did South Korea become wealthier than Africa combined in less than 70 years by airmax16: 8:06pm On Feb 11, 2022|
to be honest I don't no if this country has any future infact African in general I no during this 1950 to 1953 war ended both north and south Korea has noting buh look today even north Korea we clam is poor is beta then us big time they are way more technology advance dan us talk more of south Korea dat is 100yrz ahead of us forget tribe religion hu is smarter and hu is not Nigeria nd African need to stop all this hate nd slf hate and think outside the box for onces protect your own when the west come do there head protect dem coz only us can help ourslf the west and Asian can't help us pls. ..
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|Re: How did South Korea become wealthier than Africa combined in less than 70 years by SUFFERInSMILIIN(m): 8:10pm On Feb 11, 2022|
I know how South Korea became developed very similar to Japan. Nigeria's problem is the Citizens are illiterate most Nigerians we only vote for a criminal and follow a criminal. When you go to Europe and America including most countries in the world Nigerians are led by criminals in their community and Association. At home with Nigerians vote for criminals and follow criminals abroad we do the same thing. Travel to United Kingdom Canada America Australia and New Zealand you can find thousands of Nigerians killing themselves for a criminal which had no electricity or water or tarred Road in his Village. Illiteracy stupidity and criminal worshiping is wate finished us. I doubt if Nigeria can get there because the illiteracy in Nigeria is so much if you give a cow a donkey or a goat anything they cannot understand the same thing with the Nigerian people..
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|Re: How did South Korea become wealthier than Africa combined in less than 70 years by Rugaria: 8:26pm On Feb 11, 2022|
I don't think it's helpful the way we rail against Africa here without expending some energy to understand why things are the way they're. For the OP to insist that South Korea got to the place she's today based solely on her efforts is deceptive. Lots of international realities came together to create the present day Asian tigers. Believe me, if the South Koreans were forced to face the kind of undermining efforts that the western powers visit on many African states, South Korea might be another Laos or Burma today...
The main factor was the proximity of communist China and socialist USSR to the Asian Tigers. With these two super powers supporting communist fighters both in Vietnam and North Korea in the 60s, the west worried real hard that the whole of Asia might end up as Communist states post world war and started building up strong capitalist enclaves around Taiwan, South Korea, Japan, Hong Kong, Singapore etc as some kind of bulwark against communism/socialism. The fear of communism/spread of the socialist influence of the USSR across Asia, was the main factor..
This forced the west to invest heavily in these countries, who became western allies post world war 2. Western governments encouraged heavy technological transfers and helped to skill the local manpower to specifics. More importantly, instead of assassinating vibrant leaders in these South East Asian countries as was the case in Africa, their leaders were heavily encouraged and guarded as long as they were pro west. That gave the leaders the space to build up their countries and advance the course of national growth.. This doesn't distract from the point that these countries did have some really good leaders at this point, eg Singaporean leader Lee..
The transfer of technologies in order to grow the economies of these countries helped create a vibrant and peaceful region. They had, an already waiting western markets to buy their products. Western heavy investments in almost all sectors of the economy helped to create a prosperous set of countries that ultimately used their capitalist power to convince the communists in China that communism wasn't working. This was the main reason why China ditched communism for capitalism especially when the ordinary Chinese revolted in 1989 over their conditions, which were worse when compared to that of the people of Hong Kong..
Africa, in my own analysis, would have been better of, if there was a power tussle going on here between the major global powers. This is why I am not totally against Chinese deep penetration of Africa..
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|Re: How did South Korea become wealthier than Africa combined in less than 70 years by WhatCanIsay(m): 9:37pm On Feb 11, 2022|
Things are not always black and white, also contexts matter a lot in making such comparisons.
BTW, as per Nigeria, realistically we can never get to that level of patriotism because we even lack patriotic leaders. The present government has even drawn the hand of the clock so backwards that the division in existence today will take anything short of a miracle to mitigate.
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|Re: How did South Korea become wealthier than Africa combined in less than 70 years by teamoneline: 10:04pm On Feb 11, 2022|
As far as Federal character is entrenched in your Constitution don't expect tribalism to end. To put an end to tribalism and division first substitute Federal character for merit and competence as a decider for employment and appointments into public offices. Systems of merit should be designed and used in employment. When private companies do employment they don't ask where you are from the only thing they care about is competence but recruitment into the military,police civil service in Nigeria are built on the foundations of tribalism in the name of equality. There is nothing like equality. Equality is just a term used by lazy ethnic bigots.
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|Re: How did South Korea become wealthier than Africa combined in less than 70 years by Nobody: 10:06pm On Feb 11, 2022|
Nigeria will never develop because while Yoruba is playing by the rules, the two other tribes are trying to hijack everything including what belongs to Yoruba
Exporting meant everything for the Korean economy
This is the key, it is only North that is trying in this part exporting as much as they can, while some tribe are still shouting why Buhari closed the border.
The best solution is regional government, non-indigene show not be able to be political active in region he is not native to, land mark should be created with autonomous power so that each region can grow at their pace.
|Re: How did South Korea become wealthier than Africa combined in less than 70 years by Rugaria: 10:43pm On Feb 11, 2022|
Totally agree with you.
We seem to have perfected a system that does nothing but violence to meritocracy. It's unbelievable really. In this country, the establishment is slowly criminalizing hardwork and merit on the altar of nepotism and cronyism. There is no serious effort on the part of the government to incentify greater academic excellence by insisting on a structured method of rewarding honest achievers. What we have is the opposite and this to me is as a result of systemic cultural flaw on the part of the groups driving the engine of the state... But there's even a silent angle that humiliates and taunts greater academic excellence. I mean the continuous crowning of intellectual inferiors as heads over intelligent heads. It used to happen occasionally in the past but these days, it has become the norm under this administration.. Even in the private sector...
Few years ago, Dangote INTENTIONALLY put out an advertisement to recruit jobless PhD holders into his organization as lorry drivers! For any thinking mind, that move should be overwhelmingly alarming! But folks here were arguing that Dangote should be praised , "afterall, he went out of his way to provide jobs for these jobless PhD holders, it's his company bla bla bla bla".... Few days ago, I read here, that the same thing has happened with Dangote again! As far as I am concerned, this is pure Evil! Spin it whichever way you fancy, it's ridiculous that in the whole of Dangote conglomerates, they only viable position left for some jobless PhD holders is that of "Lorry drivers". I don't see how the young ones will be motivated to strive for greater academic excellence by this behavior, neither do I think that folks at Dangote are not aware of what they're doing and it's implications...
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|Re: How did South Korea become wealthier than Africa combined in less than 70 years by Nobody: 11:32pm On Feb 11, 2022|
That's not the only reason South and even North korea are developed, factors like USSR and china helping north Korea and America helping South Korea plays a very important role in their development. There is even a strong tripartite agreement between US-Japan- South Korea
But very valid and truthful points made by the op and by Rugaria above
|Re: How did South Korea become wealthier than Africa combined in less than 70 years by LikeAking: 11:43pm On Feb 11, 2022|
OP just forget about the black race. We know follow.
We keep on blaming Buhari, as if befire Buhari came into power we even have up to 1 mill in our account.
Our problem is not govt.
We are not innovative, we dont encourage innovation and innovative thinking, we com carry religion for head.
|Re: How did South Korea become wealthier than Africa combined in less than 70 years by WoundedLamb: 12:02am On Feb 12, 2022|
"How did South Korea become 100 times wealthier than African countries combined in less than 70 years?"
Is the above really true? Do you really know what this statement means? Why is no one questioning this outrageous claim?
|Re: How did South Korea become wealthier than Africa combined in less than 70 years by LordIsaac(m): 12:18am On Feb 12, 2022|
The problem is Africa..... something is fundamentally wrong with her people.
|Re: How did South Korea become wealthier than Africa combined in less than 70 years by realstars: 12:41am On Feb 12, 2022|
Nigeria is the first from the bottomm, when shall we be tbe top first.
|Re: How did South Korea become wealthier than Africa combined in less than 70 years by Igboid: 1:07am On Feb 12, 2022|
South Korea has one ethnic group called Korea!
That's the foundation of their patriotism. Monolithic/ Monoethnic country is easier to rally around an Indigenous ideology to achieve success.
NIGERIA is a modern day tower of Babel and will NEVER achieve unity or patriotism from the commoners.
Because the component ethnic groups are diverse and have divergent ideologies.
|Re: How did South Korea become wealthier than Africa combined in less than 70 years by budaatum: 1:39am On Feb 12, 2022|
Please know that when you give up on Nigeria it is Nigerian you and me that you are giving up on, and you are saying we will never ever learn nor improve ourselves.
I personally do not believe you. I know you put in a lot of effort to improve yourself every minute of everyday and your personal improvement improves your surrounding and your surrounding is my lovely Nigeria which you improve by improving your mind.
Some might disagree, and be honest, not everyone is improving and some might not have even found their minds yet or think no one else is working hard like them to improve their mind too, but those who have found their minds? Most definitely very surely do I have immense faith in us to realise Nigeria is what we make of it and our Nigerian selves too.
Oh. I am definitely yelling!
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|Re: How did South Korea become wealthier than Africa combined in less than 70 years by Rossikk(m): 2:29am On Feb 12, 2022|
How did South Korea become more advanced than India, Bangladesh, Pakistan, Nepal, Burma, Latvia, Iran, Ukraine, Iraq, Bolivia, Afghanistan, Guatemala, Mexico, Honduras, El Salvador, Azerbaijan, Malta, Sri Lanka, Saudi Arabia, Turkey, Greece, Dominican Republic, Colombia, Venezuela, Paraguay, Brazil, Uruguay, Argentina, New Zealand, Albania, Luxembourg, Poland, UK, France, Italy, Spain?
RUBBISH, Na only ''Africa'' your self-hating self see to attack.
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|Re: How did South Korea become wealthier than Africa combined in less than 70 years by kkins25(m): 4:44am On Feb 12, 2022|
alot of these countries dont have the natural resources we do. if they did, hmmm. we'd probably have died off the planet.
india faces similar problems but is still far off than us. and India is not a continent oh. the problem is, why hasn't any African country scaled through till this day?? Saudi Arabia relied soley on oil until recently with its diversified economy. the oil they had and the ones we have is it different?? we need to wake up. you even add Nepal!.. � comedian. south korea is advanced in some aspects and deficient in others like all countries. But look at ours!!!! apart from comedy and music, which insurustry dey boom? mind you, we have the resources and man power. the countries you mentioned, some of them don't have both or either.
|Re: How did South Korea become wealthier than Africa combined in less than 70 years by kkins25(m): 4:46am On Feb 12, 2022|
budaatum:We haven't given up, liberation is there but who is willing to be nailed to the cross? wouldn't want to end up in jail like the president of humanist association of naija. nope.
|Re: How did South Korea become wealthier than Africa combined in less than 70 years by budaatum: 5:18am On Feb 12, 2022|
Our problem is this stupid desire for a messiah to die for everyone else as if anyone is stupid enough to die for what they would not be alive to enjoy. But it's my fault. I'm not clear often.
Liberation is not death, kk, and suicide is not liberation, least not last time I checked. Suicide is giving up and if we die we failed!
Also, human sacrifice has been abolished, likely because it has been found to be ineffective, so we should not sacrifice any president for our liberation when there is so much more strenght in the little we all can sacrifice of ourselves considering how many we are. I mean, see how little sacrifice I am asking for here. It really is, educate your mind.
If you haven't given up, you will try harder, kk.
|Re: How did South Korea become wealthier than Africa combined in less than 70 years by Judybash93(m): 5:33am On Feb 12, 2022|
|Re: How did South Korea become wealthier than Africa combined in less than 70 years by Ttalk: 5:36am On Feb 12, 2022|
You are not a patriotic Nigerian, s patriotic one will address serious fundamentals structure that is making it difficult for the country to have a headway.
Does lion live in the water because of its braveness
Does dolphin live on land because of its intelligence?
Being a good person doesn't mean you should live in Mars. We are not meant to live together as a Nigerian, we all have different, identity, different tradition, different believe and different worldview, we are not one and no one should force us to be one
No one see Nigeria as his nation including yourself, so stop all these public dance because it's not convincing any intelligent person.
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|Re: How did South Korea become wealthier than Africa combined in less than 70 years by techgen(m): 5:57am On Feb 12, 2022|
How can Africa progress, when most African countries have not gone pass the first stage of civilization by providing basic amenities like electricity, good road, functional health care etc
Another problem that hampered the growth of Africa is tradition and religion... Just imagine a full grown adult we tell you to pray so that road or bridges can be built, when God has given us the brain to think.
Wife/husband/girlfriend/boyfriend will get misunderstanding the next thing is to swear or go to one shrine instead of proper investigation or counselling.
Instead of some religious leader to call the government to other to combat crime/fraud through technology... They will start raining curses as if na wetin God send them.
#Until we wake up to start using our brain creatively in this Africa... We go nowhere.
|Re: How did South Korea become wealthier than Africa combined in less than 70 years by budaatum: 5:59am On Feb 12, 2022|
You mean "serious fundamentals structure" like lack of energy, rampant corruption, unemployment, inflation, insecurity, low wages, tribalism, ignorance, kidnapping and so on, all the Nigerian problems created by we Nigerians for ourselves?
I'm delighted you are a patriotic Nigerian. I am certain I do not need to convince you that these are things that other nations have solved by developing their own minds to get the best out of the environment they find themselves in and I believe we can too.
Know that you are under no obligation. buda is in no way compelling you.
|Re: How did South Korea become wealthier than Africa combined in less than 70 years by budaatum: 6:01am On Feb 12, 2022|
I never said, "be a good person".
I said, learn to use your mind.
|Re: How did South Korea become wealthier than Africa combined in less than 70 years by Ray07(m): 9:56am On Feb 12, 2022|
South Korea, they kingdom of cosmetic surgery. Their movie industry is top notch and I find it more interesting than Hollywood.
Those guys the over try.
|Re: How did South Korea become wealthier than Africa combined in less than 70 years by Idiko1: 10:02am On Feb 12, 2022|
Africans are not brilliantly progressive people. I am still flabbergasted at Nigeria not peacefully disintegrated. Nigeria as presently configured can never progress. Yet goons cannot figure out Nigeria is a dead end.
|Re: How did South Korea become wealthier than Africa combined in less than 70 years by Idiko1: 10:07am On Feb 12, 2022|
The bolded is arrant nonsense!!! Nobody can make you a fool unless you allow them. In case in point was 1967 Nigeria. Why would the rest of dumbass Nigerians go to war against eastern region on a mere urging of Britain?
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