International Business Negotiations federation Korea Basic Economic Data South Korea has become one of the 5 Asian Tigers due to its independence from North Korea, followed by a military regime direct by Gral Park Chung Hee who established a government-controlled economy. Electronic, heavy and chemical industries grew and helped develop South Korea into an export-driven economy. In the 1980s South Korea went through a democratization process and up until now has been formally a democratic republic. major Industries: ?Agriculture: rice, barley, fruit, vegetables, cattle, fish, pigs, milk, eggs. ?Shipbuilding: Including repair and construction ? stuffs: importing 1/3 of raw materials, exporting 2/3 of processed products. ?Automobiles: Including electronic parts and steel. Cement ?Petrochemicals ?Iron and Steel ?Machinery ?Electronics: computers, peripherals, pcs, hard disk drives, ROMs, printers, wire and radio communication equipment, consumer electronics. Major Imports: Major Exports: Machinery Electronics Oil Steel Transport equipment Chemicals Plastics Industrial raw materials Petrochemicals Metals and oresChemicals Machinery & Transport Equipment Textile Fabrics.
Electronic products Wireless telecommunications equipment Steel Ships GDP (2006 est) GDP - real maturation rate: 4.8% GDP - per capita (PPP): $24,200 GDP - composition by empyrean: agriculture: 3% industry: 45% services: 52% Comparison with North Korea: GDP - per capita (PPP): $1,800 Income Distribution Gini coefficient: 35.8 (2000) Comparison with Mexico: 54.6 (2000) ?Most substantial European nations tend to have Gini coefficients between 0.24 and 0.36 ?The United States Gini coefficient is in a higher place 0.4, indicating that the United States has greater inequality than South Korea. ?Distribution in recent years has been more equitable than in the U.S. or Japan, and similar to the... If you want to get a full essay, cast it on our website:
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