South Korea's Export-Led Industrialization under Park Chung-hee (1961-1979)

1. Economic Planning Board empowered for five-year plans

   Jan 1, 1961Labels: Economic Planning, Five-Year Plan

   • MOEF history
   • SJSU plans

2. Military coup installs Park’s ruling junta

   May 16, 1961Labels: Park Chung-hee, Supreme Council

   • Britannica
   • May 16 coup

3. KCIA created to consolidate intelligence power

   Jun 19, 1961Labels: KCIA, Military Government

   • GlobalSecurity
   • NIS history

4. First Five-Year Plan launches export-led industrial push

   Jan 1, 1962Labels: First Five-Year, Economic Development

   • SJSU plans
   • MOEF history

5. Korea Trade Promotion Corporation (KOTRA) established

   Jun 21, 1962Labels: KOTRA, Trade Promotion

   • KOTRA milestones
   • KOTRA profile

6. Park begins monthly export promotion meetings

   Feb 1, 1965Labels: Blue House, Park Chung-hee

   • KDI JEP
   • The National

7. Japan–South Korea treaty signed with economic cooperation

   Jun 22, 1965Labels: Japan South, Economic Cooperation

   • Treaty basics
   • Japan Times

8. South Korea joins GATT, formalizing trade integration

   Apr 14, 1967Labels: GATT Membership, Trade Integration

   • WTO Korea
   • EncyKorea

9. POSCO founded to build an integrated steel industry

   Apr 1, 1968Labels: POSCO, Steel Industry

   • POSCO history
   • POSCO overview

10. Pohang Steelworks construction begins at POSCO

    Apr 1, 1970Labels: Pohang Steelworks, POSCO

    • POSCO history
    • POSCO overview

11. Saemaul Undong launched to modernize rural areas

    Apr 22, 1970Labels: Saemaul Undong, Rural Development

    • Saemaul Undong

12. Yushin Constitution promulgated, expanding presidential power

    Oct 27, 1972Labels: Yushin Constitution, Presidency

    • Chosun
    • Britannica Korea

13. Pohang Steelworks dedicated, boosting heavy-industry exports

    Jul 3, 1973Labels: Pohang Steelworks, Steel Production

    • POSCO overview
    • POSCO history

14. Export–Import Bank of Korea created to finance trade

    Jul 1, 1976Labels: Export Import, Trade Finance

    • KEXIM charter
    • KEXIM overview

15. Park assassinated, ending his industrialization era

    Oct 26, 1979Labels: Park Chung-hee, KCIA

    • Britannica
    • Assassination