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The economic dream – part 2

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South Korea's model of economic development is often held up as an example for other late-industrialising countries to follow.

But the financial crisis that swept Asia in 1997 revealed serious flaws.

In the second of the two-part series Hyun-Sung Khang reports on the failings revealed by the financial crash and asks just how useful is the example of Asia's fourth largest economy to other countries?

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Panos London

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