Almost everyone who holds a position of authority in Korea today is in some way a product of Park’s policies, and thus profoundly influenced by them. Many developments of political significance that have happened in Korea since 1979 are in some way either a continuation of, or a reaction against, what happened in the Park era. Park’s legacy, for better or for worse, means that much of the character of the Korean people today and of their society is inextricably bound up with the political and economic system that he put in place under his regime. This study has examined the reasons why Park’s version of industrialization, the “Korean model,” occurred, and why the ruling elites insisted on developing their own method, the Korean Way.