{"id":643075,"date":"2017-08-29T03:38:27","date_gmt":"2017-08-29T03:38:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/how-south-korea-used-selectivity-to-achieve-aggressive-economic-growth\/"},"modified":"2017-08-29T03:38:27","modified_gmt":"2017-08-29T03:38:27","slug":"how-south-korea-used-selectivity-to-achieve-aggressive-economic-growth","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/how-south-korea-used-selectivity-to-achieve-aggressive-economic-growth\/","title":{"rendered":"How South Korea used selectivity to achieve aggressive economic growth"},"content":{"rendered":"

How South Korea used selectivity to achieve aggressive economic growth<\/strong>: Over the past few decades, South Korea has achieved impressive levels of economic growth and is now one of the top manufacturers of cars, electronics, and ships worldwide. The secret is the fact that the country took the time to thoroughly assess which sectors and industries would be the keys to its growth \u2014 and stuck with these select few industries, Alaa El Hadidi writes for Al Shorouk<\/a>. Rather than trying to manufacture everything, the Koreans implemented policies that actually significantly hampered production of goods that were not among the \u201cchosen ones.\u201d The lesson to be learned for Egypt is that the key to boosting local industry is not necessarily in increasing the breadth of production, but rather in the depth and expertise.<\/p>\n","protected":false},"excerpt":{"rendered":"

How South Korea used selectivity to achieve aggressive economic growth: Over the past few decades, South Korea has achieved impressive levels of economic growth and is now one of the top manufacturers of cars, electronics, and ships worldwide. The secret is the fact that the country took the time to thoroughly assess which sectors and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9411],"tags":[72,9410],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-643075","post","type-post","status-publish","format-standard","hentry","category-on-deadline","tag-enterpriseam","tag-on-deadline","wpautop","entry"],"acf":{"mongo_id":"8b2d1acc-cee1-49b2-954f-a0577cc88d54","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[643052],"teaser":"","voice_url":""},"yoast_head":"\nHow South Korea used selectivity to achieve aggressive economic growth - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/how-south-korea-used-selectivity-to-achieve-aggressive-economic-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How South Korea used selectivity to achieve aggressive economic growth\" \/>\n<meta property=\"og:description\" content=\"How South Korea used selectivity to achieve aggressive economic growth: Over the past few decades, South Korea has achieved impressive levels of economic growth and is now one of the top manufacturers of cars, electronics, and ships worldwide. The secret is the fact that the country took the time to thoroughly assess which sectors and […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/how-south-korea-used-selectivity-to-achieve-aggressive-economic-growth\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-29T03:38:27+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/how-south-korea-used-selectivity-to-achieve-aggressive-economic-growth\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/how-south-korea-used-selectivity-to-achieve-aggressive-economic-growth\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"How South Korea used selectivity to achieve aggressive economic growth\",\"datePublished\":\"2017-08-29T03:38:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/how-south-korea-used-selectivity-to-achieve-aggressive-economic-growth\/\"},\"wordCount\":142,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"On Deadline\"],\"articleSection\":[\"On Deadline\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/how-south-korea-used-selectivity-to-achieve-aggressive-economic-growth\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/how-south-korea-used-selectivity-to-achieve-aggressive-economic-growth\/\",\"name\":\"How South Korea used selectivity to achieve aggressive economic growth - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-08-29T03:38:27+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/how-south-korea-used-selectivity-to-achieve-aggressive-economic-growth\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/how-south-korea-used-selectivity-to-achieve-aggressive-economic-growth\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/how-south-korea-used-selectivity-to-achieve-aggressive-economic-growth\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How South Korea used selectivity to achieve aggressive economic growth\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"How South Korea used selectivity to achieve aggressive economic growth - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/how-south-korea-used-selectivity-to-achieve-aggressive-economic-growth\/","og_locale":"en_US","og_type":"article","og_title":"How South Korea used selectivity to achieve aggressive economic growth","og_description":"How South Korea used selectivity to achieve aggressive economic growth: Over the past few decades, South Korea has achieved impressive levels of economic growth and is now one of the top manufacturers of cars, electronics, and ships worldwide. The secret is the fact that the country took the time to thoroughly assess which sectors and […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/how-south-korea-used-selectivity-to-achieve-aggressive-economic-growth\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-08-29T03:38:27+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/how-south-korea-used-selectivity-to-achieve-aggressive-economic-growth\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/how-south-korea-used-selectivity-to-achieve-aggressive-economic-growth\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"How South Korea used selectivity to achieve aggressive economic growth","datePublished":"2017-08-29T03:38:27+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/how-south-korea-used-selectivity-to-achieve-aggressive-economic-growth\/"},"wordCount":142,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","On Deadline"],"articleSection":["On Deadline"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/how-south-korea-used-selectivity-to-achieve-aggressive-economic-growth\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/how-south-korea-used-selectivity-to-achieve-aggressive-economic-growth\/","name":"How South Korea used selectivity to achieve aggressive economic growth - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-08-29T03:38:27+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/how-south-korea-used-selectivity-to-achieve-aggressive-economic-growth\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/how-south-korea-used-selectivity-to-achieve-aggressive-economic-growth\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/how-south-korea-used-selectivity-to-achieve-aggressive-economic-growth\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"How South Korea used selectivity to achieve aggressive economic growth"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":601409,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/27\/south-korea-looking-to-increase-investments-in-egypt\/","url_meta":{"origin":643075,"position":0},"title":"South Korea looking to increase investments in Egypt","author":"enterpriseam admin","date":"27 February 2019","format":false,"excerpt":"South Korean companies explore raising investments in Egypt: South Korea is looking to boost economic ties with Egypt, Prime Minister Lee Nak-yeon said yesterday during meetings in Seoul with an Egyptian delegation which included Investment Minister Sahar Nasr, Finance Minister Mohamed Maait and Suez Canal Authority (SCA) Chairman Mohab Mamish,\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601359,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/26\/how-chinas-economic-slowdown-affects-other-countries\/","url_meta":{"origin":643075,"position":1},"title":"How China\u2019s economic slowdown affects other countries","author":"enterpriseam admin","date":"26 February 2019","format":false,"excerpt":"The wide-ranging effects of China\u2019s slowed economic growth can be hard to conceptualize, but the Wall Street Journal takes apart three separate subplots \u2013 oil exports, Chinese university students in Australia and reduced consumer confidence \u2013 to show just how far the ripples extend (watch, runtime 02:58). To take that\u2026","rel":"","context":"In "Worth watching"","block_context":{"text":"Worth watching","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-watching\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/2\/1817.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":601456,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/28\/egypt-south-korea-sign-mou-to-enhance-investment-relationship\/","url_meta":{"origin":643075,"position":2},"title":"Egypt, South Korea sign MoU to enhance investment relationship","author":"enterpriseam admin","date":"28 February 2019","format":false,"excerpt":"Egypt and South Korea signed yesterday a MoU to enhance their investment relationship, the Investment Ministry said in a statement. The MoU aims to establish a framework to boost bilateral ties, exchange expertise and improve the business environment to accomplish development targets on both sides, the ministry said. The agreement\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":603791,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/21\/us-japan-south-korea-ties-grow-amid-china-tensions\/","url_meta":{"origin":643075,"position":3},"title":"US, Japan + South Korea ties grow amid China tensions","author":"enterpriseam admin","date":"21 August 2023","format":false,"excerpt":"The US is encouraging the two countries to strengthen ties as regional tensions with China mount","rel":"","context":"In "AROUND THE WORLD"","block_context":{"text":"AROUND THE WORLD","link":"https:\/\/enterpriseam.com\/egypt\/category\/around-the-world\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/949.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":640816,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/05\/has-egypt-done-enough-to-earn-a-spot-in-brics\/","url_meta":{"origin":643075,"position":4},"title":"Has Egypt done enough to earn a spot in BRICS?","author":"enterpriseam admin","date":"5 September 2017","format":false,"excerpt":"Egypt\u2019s pundits ask: Has Egypt done enough to earn a spot among the BRICS? To earn a spot, Egypt needs to buckle down and formulate a comprehensive economic vision with specific goals that all state institutions can work on implementing, Alaa El Hadidi writes for Al Shorouk. It\u2019s not enough\u2026","rel":"","context":"In "On Deadline"","block_context":{"text":"On Deadline","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-deadline\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":542779,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/egypt-to-receive-usd-1-bn-soft-loan-from-south-korea\/","url_meta":{"origin":643075,"position":5},"title":"Egypt to receive USD 1 bn soft loan from South Korea","author":"enterpriseam admin","date":"17 January 2022","format":false,"excerpt":"South Korea will provide a USD 1 bn soft loan to Egypt, the country\u2019s ambassador to Cairo, Hong Jin-wook (Twitter), said at a press conference yesterday, according to AlMal. Moon did not provide details about what the money will be used for or speak on when it could be disbursed.The\u2026","rel":"","context":"In "Development finance"","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/643075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=643075"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/643075\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/643052"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=643075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=643075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=643075"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=643075"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=643075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}