While correct, it also doesn't take into account factors that no longer exist. Things like the fact world consumption is no longer expanding, it's already peaked. It's going to be increasingly difficult to export your way into an economic giant anymore. In addition, Ukraine is surrounded by export economies, that wasn't the case with Japan and South Korea. Last and most important, both Japan and South Korea used their demographic dividend to build their economy. It wasn't just a case of the West (read USA) transforming their economies. Part yes, and part no. Ukraine doesn't have an demographic dividend to build upon, their population had already aged past that point. The war has now imploded it. The West can help rebuild Ukraine (if Putin stops but he won't), but they will never have a first world economy. They just won't have the demographics to do so.