players" (67). Thus, the expert advocates that privatization is the way to healthy competition which leads to progress. In their publication, Friedland and Westlake illustrate countries that have licensed second carriers that have seen great improvement in service. Japan was an example of this success. Japan, the first Asian country to open its domestic long-distance market to competition, captured 22% of the market from the established state-controlled provider to three private carriers. Because of this transfer to private carriers, rates on long distance calls have been cut five times since 1988, and are now around 60% cheaper than when liberalization began. They go on to state that the "benefits of liberalization, however, are not merely confined to the industry itself ... Better communications spur greater economic activity overall, which in turn produces further growth in telecommunications" (67). CONCLUSIONIn the decade after the development of the telegraph, the first telecommunication tool, Korea has rapidly developed its telecommunications industry to become a serious competitor to more developed countries. The deciding factor to this conclusion, is the government policies which changed from an authoritarian controller to a more liberalized overseer. Government policies became less regulatory.The turning point from a tight government control to a more liberalized industry began with the delegation of powers to the Korean Telecommunications Authority. This separated powers from one entity to two. Then the Korean Telecommunications Authority delegated powers to other companies as ETRI and other research and development companies. Then as time went on, the government allowed private companies to join in the telecommunications industry. This liberalizing action and deregulation led to the competition necessary for progress. Competition is the factor which invigorates technology. It gives companies the reason to develo...
