KOREA’S GENERAL PARK AND THE 5 YEARS DEVELOPMENTAL GOALS AND PLAN

Have you ever wondered about the importance of planning and setting goals? Well today post would show the importance with the example of the 5 years …

PLANNING AND SETTING GOALS: LEARNING FROM SOUTH KOREA’S GENERAL PARK

This article was written on my research blog, click the link above to read

The last post ended with the resignation of President Syngman Rhee 1948-1970. After his resignation a new constitution was created in the second republic (1960) whereby Chong  Mion took over which did not last long before he was overthrown by General Park.

The period from 1961-1979 has been called the Park era because after the revolution of 1961 General Park restored some political liberties and proclaimed the third republic on 17 December 1963 . Park increased his Authority in the changes of 1972 constitution makings his power unlimited.  ( Yushin (revitalizing reform) .

General park announced a that his regime would have a 5 years developmental plan that was aimed at mobilizing natural resources to support an industrial economy of south Korea. Some of the notable policies in this 5 year plan were.

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