South korea

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  • 1. South Korea Presented By :- Pawan Jangid Shrema Garg Shivam Gautam

2. Content Introduction History Geographic Location Population Statistic Culture Government Infrastructure Economy Energy Natural Resources Doing Business Foreign Relation Trade with World Trade with India Challenge Question Conclusion 2 3. Introduction Name : Republic of Korea Capital : Seoul Official Language : Korean(written form- Hangeul ) Currency : Korean won( 1US$=1,257.5 won{end of 2008}) Major Cities : Pusan, Taegu, Inch4n, Kwangju, and Taej4n. Independence : 15 August 1945 Republic Of Korea(constitution) : 17 July 1948 3Source : www.korea.net 4. History Early History Human habitation of the Korean Peninsula dates back 500,000 years. Starting in about 1100 B.C., migration from China into the Korean Peninsula established the city of Pyngyang. 4 5. History Cont. Three Kingdom Goguryeo (37 B.C.- A.D. 668) Baekje (18 B.C.-A.D. 660) Silla (57 B.C.-A.D. 935) 5 6. History Cont. Goryeo Dynasty& Joson Dynasty Goryeo Dynasty (918-1392) was founded by Wang Geon. Restored geumsok hwalja (metal-movable type) from the Goryeo era. Joseon Dynasty was established in 1392 by General Yi Seong-gye. Under King Sejongs guidance Korean alphabet, Hangeul was created. 6 7. History Cont. Japanese Occupation& Korean War Japan forcibly annexed Korea and instituted colonial rule in 1910. Japans official assimilation policy banned Korean-language education. Independence Movement created strong bonds of patriotism among Koreans. 7 8. History Cont. Post War South Korea Country divided by ideological differences U.S. forces occupied Southern part Soviet union occupied Northern part First general elections held Division of Korea into North & South 8 9. Geography Location 37 00 N, 127 30 E Northeastern Corner of Asian Continent Area 98400 Sq. KM. Border is shared with only Neighbor North Korea 9source : www.korea.net 10. Geography Cont. In water closest point is Japan 196 KM. far. Total Coastline Measures 2413 KM. 65 % area is Forested, only 20 % is suitable for cultivation. Hills and Mountains in East, Plain ground in West & North. High Humidity in summers, Four Seasons in a Year. Korea is traditionally known as Chosn (Land of the Morning Calm). 10 source: www.korea.net 11. Population Statistic Population : 48.6 Million(2008). Growth Rate : 0.31 % annually, by 2028 it will be zero percent. Economically population 24.3 Million(2008). 80% population live in Urban Areas. Population Density is 498 persons per Sq. KM. Emigrants : China (1.9 million),United States (1.5 million), other countries(1 Million) 11Source : Korea national statistical office 12. Population Statistic Demography(2008) Age Structure 0-15 years-16.4% 15-65 years-72.3% 65 years & above-10.8% Birth Rate : 8.93 Births/1000 Births Death Rate : 5.94 Deaths/1000 Births Infant Mortality Rate : 4.26 Death/1000 live Birth Life Expectancy at Birth Male : 76.1 years Female : 82.7 years 12 source- Korea national statistical office 13. Culture 13 South Korea has rich and diverse culture Music Films & Television Dramas Literature Games Technology Academics Journalism 14. Culture Geert Hofstedes Dimension 14 PDI IDV MAS UAI LTO 56.5 40 51 65 48 60 18 39 85 75 Chart Title WORLD AVERAGE SOUTH KOREA 15. DYNAMIC KOREA 15 16. Government Democratic Government. Head of State : President(Currently Lee Myung Bak) ( 5 Year term) President Appoints Prime Minister(Currently Han Seung Soo) National Assembly is Called KUK HOE. National Assembly includes 299 members( 4 year term). Voting age 19 years. 16 Source : www.korea.net 17. Government Korean Government is divided in three Branches- Executive Branch Legislative Branch Judicial Branch Political Parties : Grand National Party, United Democratic Party, Liberal Forward Party, Democratic Labor Party 17 Source : www.korea.net 18. Economy GDP(PPP) : 1.344 Trillion $(2008) GDP per Capita(PPP) : $27600(2009 est.) GNI Per Capita : 19231 $(2008) GDP growth rate 2.2 % Foreign Exchange Reserve 201.2 Billion$ FDI : 11.7 Billion $(2008) Export : 422 Billion$ Imports : 435 Billion$ Unemployment Rate : 3.2 % Inflation rate : 2.4 % 18www.korea.net 19. Economy GDP Composition Services : 57.6% Manufacturing :39.5% Agriculture : 3% Major industrial products Semiconductors, automobiles, ships, consumer electronics, mobile telecommunication equipment, steel and chemicals Labour Force(24.35 Million) agriculture: 7.2% industry: 25.1% services: 67.7% (2007) 19www.korea.net 20. Energy Electricity production:440 Billion KWh Fossil fuels 60.4% Hydro 1% Nuclear 38% Others 0.6% Electricity consumption:385.1 Billion KWh Natural gas consumption:37 Billion cu m Oil consumption: 2.08 Million bbl/day Oil production:20790 bbl/day 20korean energy ministry 21. Infrastructure Airports : 113(2008) Heliports : 535(2008) Railways : 3381 km Roads : 103029 km Major ports Inch'on, P'ohang, Busan, Ulsan 21wikipedia 22. Communication Internet Users : 34.9 Millions (74% of total Population) No. 1 in Internet Users Average speed 50 Mbps Mobiles subscribers 43.5 Millions Internet Hosts : 333,823 (2008) 22knowledge economy ministry 23. Natural Resources South Korea has few natural resources There are small deposits of- Anthracite coal Uranium Tungsten Iron ore Lime stone Graphite South Korea has hydropower potential 23www.korea.net 24. 2010 2009 Ease of Doing Business 19 23 Starting a Business 53 133 Paying taxes 49 45 Closing a Business 12 12 Doing Business 24Source : World Bank It takes 8 Procedures and 14 days to start a business in korea only 14.7 % of per capita income is required for starting a business 25. Relation with North Korea Historical background World war II leads to division Civil war(1950-53) 16 Un countries with South Korea China, Russia was with north Korea In 1970 they started talks July 4,1972 joint coordination committee announced 1979 cold war of Russia takes tension between both 1985, First reunion of separated Korean families on July 7,1988, the establishment of the Korean National Community Unification Formula 25 www.korea.net 26. Relation with North Korea In 1991 Both joined UN Inter Korean summit in 1994 2000, The Koreas make a joint entry into the opening ceremony of the Olympics 2003 Groundbreaking for Gaeseong Industrial Complex 2007, Second inter-Korean Summit 2007, Inter-Korean Gyeongeui and Donghae railway lines open (Freight service between Munsan and Bongdong begins) 26www.korea.net 27. Foreign Relation August 1991 South Korea joined UN and is an active member since. It maintains diplomatic relations with more than170 countries. US and Korea are allied by 1954 Mutual defense treaty. Ban Ki-moon former foreign minister is incumbent UN secretary general. 27www.korea.net 28. World organizations Joined in 1989 28 Joined in1955 Joined in1991 Joined in 1995 Joined in 1996 Source : www.korea.net 29. Trade with World Imports Merchandise Ranked 10th in World 2.7% share in World 22% change over 2007 Value : 435 Billion $ Service Ranked 10th in World 2.7% Share in world 12% Change over 2007 Value : 93 Billion $ 29www.korea.net 30. Trade with World Export Merchandise Ranked 12th in 2008 2.6 % share in world Increase of 14 % from 2007 Value : 422 Billion $ Service Ranked 15th in World 2% Share in world Increase of 20 % from 2007 Value : 74 Billion $ 30www.korea.net 31. Trade With World FTA Chile, Singapore, the European Free Trade Association(EFTA), ASEAN, the U.S. and India -18 countries in all. Import commodities Machinery, electronics and electronic equipment, oil, steel, transport equipment, organic chemicals, plastics Export commodities Semiconductors, wireless telecommunications equipment, motor vehicles, computers, steel, ships, petrochemicals 31www.korea.net 32. Trade Partners Export(2008) China 25.5%, US 10.9%, Japan 6.4% Import Partners(2008) China 19.2%, Japan 15.1%, US 8.8%, Saudi Arabia 6.1% 32www.korea.net 33. Relation with India In 1973 formal establishment of relations Trade agreements in 1974,76,85, etc. 10 billion trade between Both countries in 2007 Korea is fifth largest source of FDI in India Tata Motors Purchased Korean Daewoo Motors Heavy vehicle unit Indias export to south Korea is 4.62 Billion $ Indias import from south Korea is 5.4 Billion $ 33wikipedia 34. Challenge Question Developing Sectors in South Korea and India can benefit from them by collaborating ? 34 35. Sectors at strength A free market economy which is 4th largest in Asia. 11th largest exporter in the world. Some strong sectors to collaborate with- Automobiles. Electronics. Ship Building. Iron and Steel Industry. 35www.korea.net 36. Automobile South Korea is the 6th biggest manufacturer of automobiles. While India is ranked 11th. India-Korea already have collaborations in this sector. Korean companies like Hyundai are already major players in India. Hyundai has a plant in Chennai. 36www.korea.net 37. Electronics Players like LG and Samsung are Korean companies in Indian market. They are major players- LG leading with 15.3% share in Colour monitor market. Their diverse range of products gives them an edge. This collaboration has benefited India in Technological know-how. 37www.korea.net 38. Ship Building South Korea is world leader in Ship building. It has 50.6% of world production. Hyundai heavy industries, Samsung heavy industry, Daewoo Shipbuilding are the big 3 of shipbuilding industry. India has a lot to learn in terms of Ship building. 38www.korea.net 39. World Shipbuilding Production RANK Country 10000 GT Share(%) 1 South Korea 1240 50.6 2 China 840 34.4 3 Europe 140 5.7 4 Japan 90 3.7 5 Re