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The shock of the Asian financial crisis of 1997–98 forced South Korea to rethink its cloistered ways. While there were about a quarter-million immigrants in South Korea before the crisis, since the year 2000 the immigrant population has increased 400 percent to 1.3 million, compared to an increase of just 50 percent in Japan.
The Rise and Fall of Nations: Forces of Change in the Post-Crisis World
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