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Park's coup brought an end to the interim government of the Second Republic and his election and inauguration in 1963 ushered in the Third Republic. Seeking to bring South Korea into the developed world, Park began a series of economic policies that brought rapid economic growth and industrialization to the nation that eventually became known as the Miracle on the Han River. South Korea became one of the fastest growing nations during the 60s and 70s as a result.
 

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