Economy - overviewzz Philippine GDP grew 7.6% in 2010‚ spurred by consumer demand‚ a rebound in exports and investments‚ and election-related spending‚ before cooling to 3.7% in 2011. The economy weathered the 2008-09 global recession better than its regional peers due to minimal exposure to troubled international securities‚ lower dependence on exports‚ relatively resilient domestic consumption‚ large remittances from four- to five-million overseas Filipino workers‚ and a growing business process
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with this task. The user will not only benefit from the hundreds of hours that went into the methodology and its application‚ but also from its alternative perspective on strategic planning in South Korea. This report helps executives evaluate strategic investment and entry alternatives in South Korea. As the editor of this report‚ I am drawing on a methodology developed at INSEAD‚ an international business school (www.insead.edu). The methodology decomposes a country’s strategic potential along
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NEIGHBORS BUT STRANGERS: KOREA‚ CHINA AND JAPAN For more than 200 countries in the world‚ neighboring countries have the most compassionate ties above all. They may have some things viewed differently‚ but at least they share some basic traits and culture. However‚ this is not the case of the countries Korea‚ China and Japan. These three countries are so close yet so far. The prominent endurance of the civilization of the Chinese along with its phenomenal technological and economic progress
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are many Asian cities that I find fascinating‚ but Japan and Korea have really close relationship ever since their ancient histories to this day; their economic growth and development have similarities in them but their characteristics are different‚ for example Korea is divided into north Korea and south Korea‚ Japan on the other hand has four main islands – Honshu‚ Hokkaido‚ Shikoku‚ and Kyushu - that is located to the east of Korea. The two counties may seem alike‚ but they share many differences
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North Korea and South Korea are similar but yet different in many ways‚ such as in economies. North Korea’s economy seems to need support from other countries to survive. South Korea’s seem too able to rebuild their economy even stronger than it was before from the Korean War. North Korea is under a strict communist dictatorship. N. Korea’s leader is Kim Jong II. He came to power in 1994 after his father died. North Korea has a large military and command economy. The average Korean person lives
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Power distance At a score of 60‚ South Korea is a hierarchical society. This means that people accept a hierarchical order in which everybody has a place and which needs no further justification. Hierarchy in an organization is seen as reflecting inherent inequalities‚ centralization is popular‚ subordinates expect to be told what to do and the ideal boss is a benevolent autocrat Individualism South Korea‚ with a score of 18 is considered a collectivistic society. This is manifest
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At the end of Japanese occupation in 1945‚ Korea emerged onto the world stage as one of Asia’s most industrialized nations. Her people surfaced all at once ecstatic‚ confused‚ on the way to prosperous times‚ clothed in rags‚ united as Koreans‚ and yet still divided into societal factions preceding and formed during Japanese occupation. In the decade following her liberation‚ Korea fought a civil war‚ leaving the newly once-again-autonomous nation divided on the 38th parallel. As the South grew into
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BUSINESS CULTURE IN SOUTH KOREA Korean culture is heavily influenced by Confucian values and this shows in every aspect of life in South Korea. Authorities‚ seniors‚ and elders are always respected‚ and families and friendships are an extremely valuable part of life. South Korea is more conservative both in everyday life and business environment than the Western world but it should be considered as getting different opportunities to do business. Greetings and introduction If possible‚ the
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Introduction The purpose is to analyse a specific given country (South Korea)‚ economic‚ socio-cultural and legal and political environment. Economic environment Past four decade South Korea showed an impressive growth as well as global integration to become a high tech industrialized economy. In past in 1960s‚ the Gross Domestic Product (GDP) per capita was compared to the poor countries (Africa and some parts of Asia)‚ by 2004‚ it joined the trillion dollar club of world’s economies
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means that many many of North Koreans people die of starvation. The last War North Korea was involved in was the Angolan Civil War in 2002. Kim Jong Un killed his uncle in 2013. The government also treats there people poorly. They starve them to death. North Korea is a threat to the World because if they can treat their people that poorly than they can do that same thing to our people. Some believe that North Korea is not a threat because the United States has a better army‚ and we have more nukes
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