Thursday, May 19, 2005
A generation of growth
Am in Seoul right now and it is quite mindboggling to think that not too long back (1960), South Korea had the same GDP as Ethiopia. What a difference a generation of growth can make!
Here's a picture (thanks to Prof. Morck for the pointer) that summarizes it all. Below is a satellite image of Earth at night. Note how, thanks to darkness in North Korea, South Korea looks like an island!
You can also view a full size image here.
Here's a picture (thanks to Prof. Morck for the pointer) that summarizes it all. Below is a satellite image of Earth at night. Note how, thanks to darkness in North Korea, South Korea looks like an island!
You can also view a full size image here.
