Thursday, November 21, 2024 Text is available under the CC BY-SA 3.0 licence.

Park Chung-hee (1917 – 1979)


Former president of the Rebublic of Korea.
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Park Chung-hee
In May 1961 when I took over power as the leader of the revolutionary group, I honestly felt as if I had been given a pilfered household or bankrupt firm to manage. Around me I could find little hope of encouragement. The outlook was bleak. But i had to rise above this pessimism to rehabilitate the household. I had to destroy, once and for all, the vicious circle of poverty and economic stagnation. Only by reforming the economic structure would we lay a foundation for decent living standards.
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