A cornerstone for peace
In this spirit, the first Olympics in South Korea held in 1988 served to foster relationships at a time of rapid geopolitical shifts. These games featured many participating nations, including sizeable delegations from both the United States and the Soviet Union. The thaw in relations to which the Olympics contributed led to the establishment of diplomatic relations with neighbors such as Russia and China in the years following the games. The Republic of Korea became a member of the United Nations in 1991.
The Olympics also heralded the economic transformation of the South Korean economy that is now known as “the Miracle on the Han.” In the decade after the games, its economy grew at an average rate of around 8.5 percent per year, transforming the country from an aid recipient country to a key aid donor. The improvement in the lives of people in ROK was nothing short of a miracle. From 1960 to 1995, GDP per capita increased more than one hundred-fold, virtually eliminating absolute poverty from more than half of the population to less than 5 percent.
This miracle was linked with another key value — international collaboration. South Korea successfully leveraged international aid, trade, and investment with its domestic ingenuity, to show the world it is possible to transform in one generation from an agrarian economy into a dynamic technological and cultural producer.
Along with rapid economic transformation, social and environmental concerns have also risen to the fore. In recent years, we have seen South Korea make commendable steps towards environmental sustainability and inclusive social policies such as the aged pension. Integrating the economic, social and environmental dimensions is the cornerstone of the Sustainable Development Goals. South Korea is once again demonstrating to the world a way to achieve a more inclusive and sustainable prosperity.
South Korea now stands as a valued member of the international community, generating cultural phenomena appreciated by young people around the world, playing a leadership role at the UN, and as a significant contributor of aid to developing countries. Olympic sports can support cultural, political and economic diplomacy in its efforts to achieving and sustaining peace.
The Olympic Truce Resolution adopted by the United Nations is an example of using an occasion in international sports, to build a stronger foundation for a more peaceful and inclusive world. The resolution urges all countries to respect the truce by creating a peaceful environment during the Olympic and Paralympic Games, and calls on all countries to work together, in good faith towards peace, human rights, and sustainable development.
Opening of direct dialogue between two countries of the Korean peninsula after the 2018 Olympics showcases a commitment to peace and prosperity. I wish South Korea a promising future and success in its endeavors to foster lasting peace and prosperity.
*The author is Under- Secretary- General of the United Nations and Executive Secretary of ESCAP.