All posts filed under: City

Seoul, the new Tokyo?

The 80s have been Tokyo’s golden age. Japan’s economy was the second largest in the world; the price per square meter reached $100,000 in Ginza. Tokyo became a global city catching the world’s attention and exporting its pop culture all over the world. Two decades of decline later, Tokyo has been surpassed by another East Asian city. The rise of Seoul South Korea was considered as the 3rd poorest country in the world in the 1950s.Yet, the Land of the Morning Calm is now part of the richest countries in the world. The outstanding economic development of South Korea, known as ‘the miracle on the Han River‘, has transformed Seoul into a global city, a business hub, a center of cultural creation and an avant-gardist high-tech place. Seoul was almost entirely during the Korean War and many of its inhabitants faced extreme poverty situations. In the afterwards of the war, the city went through a fast-paced development. The population of the city was increasing dramatically, from 2,4 million people in 1960 to 10,7 million people …