Today in Korean history

Today in Korean history

Feb. 17

1962 -- The government finalizes its five-year economic development plan for the
nation's economy, still reeling from the effects of Japanese colonization and the
Korean War. Economic revitalization was carried out through four five-year plans
over 20 years until 1982, eventually achieving South Korea's globally-touted
economic miracle.

In 1982, the project was renamed the "economic and social development plan" with
a vision to improve the quality of individual lives as well as the nation's
economy. The state project ended in 1996.

1988 -- The state-run King Sejong Station is established on King George Island in
Antarctica. About 20 South Korean researchers and officials are now stationed at
the Sejong base, studying the environment and natural resources of the Antarctic.

2003 -- Lee Hyung-taik, a South Korean tennis player, and partner Vladimir
Voltchkov of Belarus win the doubles competition at the Siebel Open held in the
U.S. city of San Jose.
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