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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.