1 asian development bank institute regional workshop on promoting e commerce business in developing countries 7 september 2004 tokyo japan current status and trends of dr jung uck seo chairman korea foundation for international cooperation science & technology the views expressed this paper are author do not necessarily reflect or policies adbi adb its board directors governments they represent does guarantee accuracy data included accepts no responsibility any consequences their use terminology used may be consistent with official terms 2 table contents storytelling global readiness potentials collaborative conclusion 3 a korean story evolved from bull cart economy to knowledge based 4 prognosis made me an engineer 1948 american general declared that was far optimistic he deputy military governor us forces 1945 then liberated about become