Miracle on the Han River
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"Miracle on the Han River" is a catchphrase often used in South Korea and by scholars to describe the period of rapid economic growth that took place in South Korea following the Korean War up until the Asian Financial Crisis. In particular, this phrase is often used to describe the growth of Seoul — through which the Han River flows — from a city virtually levelled by war to a major economic hub, and the growth of South Korea into one of the Four Asian Tigers.
“Miracle on the Han” is obviously borrowed from “Miracle on the Rhine” — a phrase that predates the Korean catch phrase by decades and described the economic rebirth of (West) Germany after World War II.
For the historical context of this catchphrase, please see Economy of South Korea.
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