"Recent History of Japan and Korea" -Economic Miracles

Over the past two decades, humanity had the opportunity to watch some developing countries, to show the world "economic miracles". Of course, we are talking about young most developed countries, which in 60-70 years  stood out and became isolated in a separate group, called "Newly industrialized countries". This group is constantly updated, and now it consists of about a dozen countries and territories. Durable among them is South Korea and Japan.
In the rapid growth of South Korea's economy and provided influenced by a variety of factors: objective and subjective, economic and political, internal and external. In the documentary movie "Recent History of Japan and Korea" were showed aspects how Korea recovered after the War. There are some important impacts:
-Export-oriented, to interact with the outside world development strategy; 
-The strong and effective leadership in the face of authoritarian governments, postponed   democratic and political reforms in favour of economic development;
-Relatively low cost of maintaining the military-industrial complex;
-Attracting foreign investment (financial and technological): Industrial equipment and "now how";
-Ethnic and cultural homogeneity, as well as the Confucian tradition, a special value which gives the hard work, education, success in life and devotion to their nation. 

In Japan, according to the movie, were mentioned such factors of "miracle":

-Low taxation, stimulating business development at all levels;
-Active introduction of new technologies and international experience in various spheres of economy and production;
-The development of trade unions, which provide social protection and support of the population;
-The land reform carried out in 1947, through which farmers could receive previously leased the land in private ownership;
-The regulation of the money supply;
-The large-scale structure formation on the quality control of its products.

Every growth and falls of country depends on their government. Such example we can partly see in the movie "Recent History of Japan and Korea" about the history of these countries and their economic success. The factors explaining the rapid economic growth was a strong and effective leadership in the face of authoritarian governments, postponed democratic and political reforms in favour of economic development.
Government adopts new laws, and thoroughly review the existing, as well as take a variety of policy measures in order to increase savings, expand exports, the promotion of investment of both domestic and foreign private capital, to attract investment and technology from abroad.