Alternate History

Miracle on the Min River (Gingko, Narra, Encina)

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Miracle on the Min River (Han: Chijisan Sougangmin, tr. 奇迹スアニスヲ江ネイニ) is a term referring to a period of radical economic modernisation in the Great Han Empire (or simply known as Hani) between 1957 and 2007, during which the Han real gross domestic product grew near-nonstop from a meager $75.6 billion to $6.5 trillion; representing a 86-fold increase. Its unparalleled miraculous growth was aided by the country's capable leadership, work ethic, and outward-looking economic model that fitted the country's circumstances at the time. The miracle, although initially driven by exports, came to be driven by domestic consumption. Today, and Hani is the third largest economy by both market exchange rates and power purchasing parity after China and the United States; the joining of various renowned world organisation such as the Organisation for Economic Co-operation and Development caps decades of successful postwar reconstruction.

The term was coined after the terms Miracle on the Han River and the Miracle on the Rhine, which refers to similar periods of rapid economic growth in Korea and Germany respectively. The term was first reportedly used in the New Year's resolution address that urged Hans to work industriously in hopes to achieving the same economic modernisation that had thrown the Koreans and the Germans into post-war prosperity.

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