South Korea

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If America would withdraw from South Korea, there could be a power struggle between such as China and Japan.

Kim Dae Jung

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Analysis

Analysis:

PROFILE: SOUTH KOREA

 

In five decades South Korea (the Republic of South Korea) has come a long way. Few South Korean nationals, let alone nationals of its allies at the time, can recall the period in 1950 when North Korean forces swept south, overwhelming all opposition. Caught asleep at the wheel, the United States called on the Security Council to invoke the United Nations Charter and brand the North Koreans as aggressors. This was done and military assistance was sought from member states. American troops arrived to stiffen resistance, as the British government responded by sending elements of the Far East Fleet, followed by ships of Commonwealth navies. The war lasted from 1950 until 1953, with changes in military leadership and fortunes. China’s support for North Korea had largely neutralised the Western Allies air superiority.

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Profile

Profile:

PROFILE: SOUTH KOREA

- Timeline

- Political structure

- Population,

- Education  

- Health

- Welfare

- Main cities

- Languages spoken

- Media

- Economy

- Agriculture

- Industry and manufacturing

- Tourism

- Mining,

- Hydrocarbons

- Energy

- Financial markets

- Banking and insurance

- Time

- Geography

- Climate

- Dress codes

- Entry requirements

- Health (for visitors)

- Hotels

- Credit cards

- Public holidays

- Working hours

- Telecommunications

- Electricity

- Social customs and useful tips

- Security

- Getting there

- Getting about

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Key Facts

Key Facts:

Key Facts
Official name: Daehan Min-kuk (Republic of Korea) (ROK) (known as South Korea)
Head of State: President Park Geun-hye (NF) (from 19 Dec 2012; took office 25 Feb 2013)
Head of government: Prime Minister Lee Wan-koo (Saenuri ) (from 21 Apr 2015)
Ruling party: Coalition led by Saenuri (New Frontier) (NF) (formerly known as Hannara Dang (Grand National Party) (GNP) with Seonijin Tongil-dang (Advancement Unification Party) (AUP) (formerly known as Jayu Seonjin-dang (Liberty Forward Party) (LFP) (from 2008; re-elected 19 Dec 2012)
Area: 99,091 square km
Population: 50.42 million (2014)
Capital: Seoul
Official language: Korean
Currency: Won (W) = 100 chon
Exchange rate: W1,148.99 per US$ (Nov 2015)
GDP per capita: US$28,101 (2014)
GDP real growth: 3.32% (2014)
GDP: US$1,416.95 billion (2014)
Labour force: 26.62 million (2014)*
Unemployment: 3.54% (2014)
Inflation: 1.27% (2014)
Balance of trade: US$92.69 billion (2014)*
Annual FDI: US$4.66 billion (2011)
* estimated figure

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