Economy of South Korea
Economy revival was the first problem the exhausted war of South Korea. The help of the United Nations and the USA have allowed to lift an economy within several years and to create a number of new industries. Elections in March 1960 have provoked excitements in Masan, captured all country. On April, 26th, after the American officials have condemned cruelty of the authorities of South Korea, Whether Synman has retired. On new elections the victory was gained by Democratic party under the direction of the Tub of Maine (John of M.Chana). In May 1961 government the Tub of Maine was ñâåðãíóòî military junta in which head there was general Pak Chonhi. At Pak Chonhi have been developed the summary program on 1962-1966 and five years’ plans 1967-1971, 1972-1976 and 1977-1981. As a result it was possible to achieve steady economic growth and to overcome dependence on the foreign help. The real national income per capita from 1961 on 1978 has raised on 240 %. Country development has accelerated a massive migration of inhabitants of village in cities, especially to Seoul and Pusan.
In 1961 government Pak Chonhi has declared that the civil board will be restored after general election 1963. The reconsidered text of the constitution has been taken out on a national referendum and has met with approval in December 1962. Since January, 1st 1963 in the country activity of political parties has been again resolved. On elections on October, 16th 1963 has won Pak Chonhi who has been re-elected also in 1967. Into 1972 Pak Chonhi has entered state of emergency and declared intention to give “viability” of the constitution — as it should be «strengthenings of national safety». Strengthening of the presidential power at the expense of a legislature and electorate became the purpose of changes. In December of 1972 Pak has held a post of the president in the fourth time and has been re-elected again in December 1978. Leaning against the decree 1972 about state of emergency, the president has sharply limited political activity in the country. In 1979 inflation, economic problems in a number of branches of an economy and discontent of the population have called new excitements. In October the government has suppressed performances in Pusan and Masan. In a week Pak Chonhi has been killed by the head of the Central agency of safety of Korea. In 1980, after national demonstration of the students demanding democratisation of a political life, general Chon Duhvan has extended a mode of state of emergency to all territory of South Korea. Resistance to actions of the general has poured out in mutiny of students in Kwangju. Armies storm have seized a city, hundreds inhabitants have been killed also thousand arrested during the further reprisals. In August of 1980 Chon Duhvan has been selected by the president of Korea. In October the new constitution has been published, in January 1981 state of emergency has been cancelled. In February Chon Duhvan has been re-elected, and the Democratic party of justice headed by it in March 1981 has won the majority of places in parliament.