The United States, and a fortiori several European countries, are still finding it difficult to rebound and grow, whereas many countries in Asia and Latin America are growing at handsome rates. Let us not forget that the decoupling that we see today was not visible when the crisis began.
South Korea, one of the great Asian success stories even with its crisis in the late 1990s, had very high barriers to trade until the 1990s, and its early development strategy did not include opening its domestic market to foreign goods. However, through its export sector, South Korea has participated fully in global markets, and this participation has been a key to its success.