President Park was a repressive leader, but he managed to bring back the South Korean economy from devastation. He was re-elected twice (in 1967 and 1971). He survived one assassination attempt (which killed his wife) but was ultimately assassinated in 1979.
Park's economic policies inlcuded five year plans to improve industry. First he focused on rebuilding the nation's roads, power plants, schools, homes, factories, etc. He then focused on building new factories and centers for research and development. Park's government also loaned money to South Koreans interested in developing businesses, as the nation's strongest resource was its well-educated and hardworking people. Businesses called chaebol, meaning family run corportations made up of smaller companies, were also leant money.