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Deciphering the Miracle on the Han: How South Korea Escaped Poverty and Transformed its Economy

Historical microdata on industrial policy, infrastructure, and South Korea’s rapid structural transformation.
Authors

Oriana Bandiera

Ignacio Bañares Sanchez

Robin Burgess

Tim Dobermann

Jay Euijung Lee

Jeongkyung Won

Hyunjoo Yang

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Research project · Historical microdata · South Korea

Abstract

South Korea moved from poverty to industrial prosperity within two generations. We are building an historical micro-database that tracks firms, output, employment, migration, urbanisation, and infrastructure through this transformation.

The project studies how place-based industrial policy, rural development, and public infrastructure changed the location and composition of economic activity. Its broader aim is to identify which micro-level mechanisms can produce—and sustain—rapid economy-wide structural transformation.

International Growth Centre project page

Results are not yet available. For updates on this project, get in touch.

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© 2026 Tim Dobermann

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