At the end of World War II‚ Korea was a poor former agricultural colony of Japan. But the rapid growth of Korea’s industrial economy has been remarkable. The economy of South Korea is now the third-largest in Asia and the 13th largest in the world by GDP as of 2007. To trace back the economic development of South Korea‚ the former president Park Chung-Hee played a pivotal role‚ and was credited for shifting its focus to export-oriented favoring a few large conglomerates. Unlike his predecessors
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South Korea South Korea‚ officially the Republic of Korea. "The Great Republic of Korea is a country in East Asia‚ constituting the southern part of the Korean Peninsula. It shares land borders with North Korea to the north‚ and oversea borders with China to the west and Japan to the east. The capital and largest city is Seoul‚ with a population of 10 million. The Korean War began in 1950 when forces from the North invaded the South. The war lasted three years
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Military Policy of South Korea In recent days‚ there are a lot of controversial issues in the world. For example‚ there is capital punishment‚ experiments on animals‚ abortion‚ gun control‚ etc. Especially‚ there is an argument about the military policy of South Korea. The policy has been argued for a long time from the past to recent times in South Korea. Some people say that South Korea has to have a military policy as conscription. Conscription is current policy in South Korea which government
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The Haeinsa Temple or “Temple of Reflection on a Smooth Sea” also belongs to the list of UNESCO World Heritage Sites. This is one of the more important temples in Korea as it houses the historical Tripitaka Koreana – Buddhist scriptures that are carved into approximately 81‚258 printing blocks. Those blocks have stayed in the Haeinsa Temple since 1398. The construction of this temple has 2 legends. The first one mentions that Haeinsa was built in gratitude of Buddha’s mercy after two monks have
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Travel and Tourism - South Korea Euromonitor International : Country Market Insight July 2010 Travel And Tourism South Korea List of Contents and Tables Executive Summary ................................................................................................................................................ 1 Decline in Outbound Tourism Continues.................................................................................................................. 1 Domestic Tourism
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products and high rate of absorption due to their low costs. Among the Asian counterparts‚ South Korea is gearing up to introduce its biosimilar products in the market‚ just in time of expiration of various drug patents. The government policies are being targeted towards the biosimilar market with a 19-times increase in the investment in biosimilars for the year 2010‚ as compared to 2009. As per the Korean Ministry of Knowledge and Economy around US$ 2 billion can be added to the country’s GDP and
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South Korea a Vacation Destination Looking for a vacation destination that is educational and entertaining? Take a Look at South Korea as a possibility. South Korea is located on the southern portion of the Korean Peninsula‚ bordered by North Korea or the Democratic People’s Republic to the north and by China to the southeast across the Yellow Sea. An interesting note is that one-half of South Korea’s population lives in or around Seoul‚ the capital. Seoul is the second most populated city in the
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Table of Contents Cover Page 1 Table of Contents 2 Executive Summary & Introduction of South Korea 3 Cultural Analysis & components 4 • Values & Attitudes • Manners & Customs • Personal Communication • Social Structure • Education Impact on International Business through culture 6 • Power
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ECONOMICS: COUNTRY ANALYSIS SOUTH KOREA NAME : MUHAMMAD ALIF BIN HASALAN SACE ID : STUDENT ID : 2013225774 GROUP : FLYNN LECTURER : MR KESHMINDER SINGH BACKGROUND OF SOUTH KOREA South Korea over the past four decades has demonstrated incredible growth and global integration to become a high-tech industrialized economy. In the 1960s‚ GDP per capita was comparable with levels in the poorer countries of Africa and Asia. In 2004‚ South Korea joined the trillion dollar club of world economies
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The Corporate Culture in South Korea Business in the XXI century is becoming more and more global‚ international; we find new partners in various‚ sometimes very exotic parts of the world. It is all possible thanks to the common language (assuming that "everybody" knows English)‚ good and fast transportation and new ways of communication‚ like for example Internet. We are learning from each other and trying to adjust to new situations‚ although the differences are often much greater than just
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