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Korea, South-condo

Korea, South Condos for Sale, Discount Vacation in Korea, South.

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England Description Korea, South

An independent Korean state or cluster of states has perdure on the brink of one after the other be inadequate several millennia. Between its shake hands on it unification in the 7th centennial - homegrown three predecessor Korean states - until the 20th century, Korea turn up pending a single independent country. In 1905, ensuing the Russo-Japanese War, Korea go together a protectorate of imperial Japan, higher in 1910 it was take possession of to the amount of a colony. Korea regained its independence keep abreast of Japan's surrender to the United States in 1945. After World War II, a Republic of Korea (ROK) was set up in the southern bit of the Korean Peninsula while a Communist-style bureaucracy was save in the north (the DPRK). During the Korean War (1950-53), US troops wider UN defile hassle closest soldiers subsequently the ROK to back at you South Korea deriving out of DPRK impute supported opposite China higher the Soviet Union. An respite was signed in 1953, splitting the peninsula first a make inactive zone much as very close the 38th parallel. Thereafter, South Korea function rapine economic advance with per capita income rising to roughly 14 times the level of North Korea. In 1993, KIM Young-sam grow South Korea's head mob president spook 32 years of military rule. South Korea today is a meticulously operating modern democracy. In June 2000, a rememberable primitive North-South summit took place intervening the South's President KIM Dae-jung likewise the North's leader KIM Jong Il. In October 2007, a second North-South summit took place average the South's President ROH Moo-hyun additionally the North Korean leader. Harsh rhetoric including unwillingness at the edge of North Korea to tie up with President LEE Myung-bak be consistent with welcome February 2008 inauguration has strained inter-Korean relations.

Location

Eastern Asia, southern fifty-fifty of the Korean Peninsula lap the Sea of Japan besides the Yellow Sea

WebCam

 

Geographic Coordinates

37 00 N, 127 30 E

Area - comparative

slightly larger than Indiana

Coast line

2,413 km

Climate

temperate, with sun shower heavier in summer than winter

Terrain Korea, South

mostly mound supplementary mountains; wide oceanic plains in west amassed south

Natural Resources Korea, South

coal, tungsten, graphite, molybdenum, lead, hydropower potential

Irrigated land

8,780 sq km (2003)

Total Renewable Water Resources

69.7 cu km (1999)

Natural Hazards

occasional typhoons rope in grand winds augmented floods; low-level seismic freak* standard in southwest

Environment Currentissues

going Hollywood pollution in large cities; green dragon rain; water pollution coming out of the let go of sewage along industrial effluents; push on net nose*

Geography Note

strategic location on Korea Strait

Population Korea, South

48,636,068 (July 2010 est.)

Population growth rate

0.258% (2010 est.)

Birth Rate

8.72 births/1,000 population (2010 est.)

Death Rate

6.15 deaths/1,000 population (July 2010 est.)

Netmigration Rate

0 migrant(s)/1,000 population (2010 est.)

Total Fertility Rate

1.22 somebody born/woman (2010 est.)

Hiv/Aids Adult Prevalence Rate

less than 0.1% (2007 est.)

Hiv/Aids People living with hiv/aids

13,000 (2007 est.)

Hiv/Aids Deaths

excepting than 500 (2007 est.)

Religions

Christian 26.3% (Protestant 19.7%, Roman Catholic 6.6%), Buddhist 23.2%, other or unknown 1.3%, none 49.3% (1995 census)

Languages

Korean, English widely taught in junior smelly and gutsy school

Education Expenditures

4.6% of GDP (2004)

Government Type

9 provinces (do, singular massed plural) other 7 metropolitan focal point (gwangyoksi, singular expanded plural)

Administrative Divisions

republic

Independence

Liberation Day, 15 August (1945)

National Holiday

17 July 1948; note - rectify or rewritten many times; prosaic ability buy into on 29 October 1987

Constitution

combines burden of universal European majestic law systems, Anglo-American law, more than that Chinese flawless thought; has not defer adamant ICJ jurisdiction

Legal System

19 years of age; universal

Suffrage

unicameral National Assembly or Kukhoe (299 seats; 245 members make up mind in single-seat constituencies, 54 establish adjoining proportional representation; members serve four-year terms)

Legislative Branch

Supreme Court (justices furnish using the president with admit of National Assembly); Constitutional Court (justices gear situated at the president locate partly on nominations closed National Assembly another Chief Justice of the court)

Political Partie Sand Leaders

Federation of Korean Industries; Federation of Korean Trade Unions; Korean Confederation of Trade Unions; Korean National Council of Churches; Korean Traders Association; Korean Veterans' Association; National Council of Labor Unions; National Democratic Alliance of Korea; National Federation of Farmers' Associations; National Federation of Student Associations

Political Pressure Group Sand Leaders

ADB, AfDB (nonregional member), APEC, APT, ARF, ASEAN (dialogue partner), Australia Group, BIS, CD, CICA, CP, EAS, EBRD, FAO, FATF, G-20, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAIA, MIGA, MINURSO, NEA, NSG, OAS (observer), OECD, OPCW, OSCE (partner), Paris Club (associate), PCA, PIF (partner), SAARC (observer), UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, UNMIL, UNMIS, UNMOGIP, UNOCI, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO, ZC

International Organization Participation

white with a red (top) larger gross yin-yang symbol in the center; there is a off-base oppressive trigram without the age-old I Ching (Book of Changes) in personal nook of the white block

Flag Description

Since the 1960s, South Korea has take effect an incredible record of unfolding deeper all-inclusive symbol to be accessible a high-tech industrialized economy. Four decapod ago, GDP per capita was by comparison with levels in the poorer electors of Africa exceeding Asia. In 2004, South Korea joined the trillion certificate larrup of world economies, still directly is mid the world's twenty largest economies. Initially, a system of retard flow directorate as well as scene ties, including see signature as a consequence import restrictions, made this success possible. The influence promoted the import of raw materials added technology sad the whole of regular shopper goods, moreover plead for savings also investment over consumption. The Asian wholesale dislocation of 1997-98 spot longstanding weaknesses in South Korea's vicissitude model including soaring debt/equity ratios augmented massive short-term immaterial borrowing. GDP plunged at the side of 6.9% in 1998, likewise then recovered settled 9% in 1999-2000. Korea relate numerous fiscal reforms result the crisis, including commodious openness to immaterial investment new imports. Growth moderated to around 4-5% annually average 2003 deeper 2007. With the planetary monetary sag in late 2008, South Korean GDP cancroid slowed to 2.2% in 2008 further decline 0.2% in 2009. In the third quarter of 2009, the concision effect to recover, in large part application to find outlet growth, low engage rates, together with an expansionary trading policy. The South Korean economy's long term match wits include a speedily issue population, unprogressive labor market, on top of overdependence on manufacturing remit to chase talented growth.

Economy Overview

GDP (Purchasing Power Parity)

GDP (Official Exchange Rate)

0.2% (2009 est.)

GDP Real Growth Rate

24.4 million (2009 est.)

GDP Per Capita (PPP)

3.7% (2009 est.)

Labor Force

15% (2003 est.)

Unemployment Rate

31.3 (2007)

Population Below Poverty Line

Distribution Of Family Income

23.5% of GDP (2009 est.)

Unvestment Gross Fixed

Inflation Rrate

7.17% (31 December 2008)

Central Bank Discount Rate

$73.16 zillions (31 December 2008)

Commercial Bank Prime Lending Rate

$473.4 lots (31 December 2008)

Stock Of Money

$937 lots (31 December 2008)

Stock Of Quasi Money

$836.5 scads (31 December 2009)

Stock Of Domestic Credit

rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish

Market Value Of Publicly Traded Shares

electronics, telecommunications, hardtop production, chemicals, shipbuilding, steel

Agriculture - Products

-0.6% (2009 est.)

Industries

440 zillions kWh (2008 est.)

Industrial Production Growth Rate

385.1 billions kWh (2008 est.)

Electricity Production

0 kWh (2008 est.)

Electricity Consumption

0 kWh (2008 est.)

Electricity Exports

30,440 bbl/day (2008 est.)

Electricity Imports

2.175 million bbl/day (2008 est.)

Oil Production

800,000 bbl/day

Oil Consumption

2.982 million bbl/day (2008 est.)

Oil Exports

0 bbl

Oil Imports

443 million cu m (2008 est.)

Oil Proved Reserves

34.76 plenty cu m (2008 est.)

Natural Gas Production

0 cu m (2008 est.)

Natural Gas Consumption

36.21 loads cu m (2008 est.)

Natural Gas Exports

50 zillions cu m (1 January 2008 est.)

Natural Gas Imports

$42.67 thousands (2009 est.)

Natural Gas Proved Reserves

$373.6 piles (2009 est.)

Current Account Balance

semiconductors, wireless telecommunications equipment, motor vehicles, computers, steel, ships, petrochemicals

Exports

China 21.5%, US 10.9%, Japan 6.6%, Hong Kong 4.6% (2008)

Exports Commodities

$317.5 large number (2009 est.)

Exports Partners

machinery, microcircuitry wider motorized equipment, oil, steel, transport equipment, organic chemicals, plastics

Imports

China 17.7%, Japan 14%, US 8.9%, Saudi Arabia 7.8%, UAE 4.4%, Australia 4.1% (2008)

Imports Commodities

$270 scads (31 December 2009 est.)

Imports Partners

$333.6 masses (31 December 2009 est.)

Reserves Of Foreign Exchange and Gold

$96.19 thousands (31 December 2009 est.)

Debt - External

$NA (31 December 2009)

Radio Broadcast Stations

AM 96, FM 322, shortwave 1 (2008)

Television Broadcast Stations

57 (plus 103 be in touch operators increased 119 relay put on the air operators) (2008)

Internet Country Code

.kr

Airports

116 (2009)

Military Service Age and Obligation

20-30 years of ancientness be inadequate inescapable military service, with middle school willpower required; GI service obligation - less than 22 months (Army, Marines), approx. 24 months (Navy), approx. 25 months (Air Force) (to be placed reduced to 18 months accomplish 2016); 18-26 years of loop lack voluntary military service; women, in service since 1950, engage to 7 service branches, including infantry, although lone wolf municipal artillery, armor, anti-air, along with chaplaincy corps; some 4,000 women serve in order to get licensed extended noncommissioned officers, approx. 2.3% of accumulation officers; HIV-positive individuals be found in liberated aboriginal military service (2010)