OVERVIEW OF SOUTH KOREA
09, JULY, 2015
This paper is an analysis of the country of South Korea. Using the operational variables of PMESII-PT this paper will identify the current situation in South Korea and the countries current issues. The overall objective is to understand the motives of South Korea.
The Republic of Korea has a liberal democratic political system. South Koreas political foundation resides in the sovereignty of the people and the responsibility to maintain every citizen’s welfare. Currently the president of South Korea is Park Geun-hye. The 11th and first female president was elected on February 25th, 2013. With Korea’s limited 5 year presidency she has until
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This 9% annual growth brought about big name companies such as, Samsung, LG, Hyundai and Kia. The economy of the ROC has still maintained growth year after year although it has slowed due to the economic struggles of the global economy. The country is consistently growing but is running out of space to grow and is now suffering infrastructural issues. These infrastructural issues are attributing to recent health problems in the major cities. (5) The ROC will inevitably need more space to remedy its economic situation and has most recently agreed to join Chinas Asian Infrastructure Investment Bank (AIIB). (6) The ROC needs to expand and the only feasible solution is to reunite with North Korea. The fact remains that China has a history of supporting North Korea and would need to support the unity of Korea. Joining the AIIB may be the ROC’s most peaceful way ahead especially since North Koreas application to join the AIIB was denied. Consequently resulting in another move that loosens the influence the US has on the ROC. Social The ROC has more than 50 million people which are predominantly homogenous minus 20,000 Chinese. The main language is Korean however English is taught in junior high and high school. Only 53% of Koreans practice a religion and of the 53%, 43% are Buddhist, 54% are Christian / Roman Catholic and 1.9% practice Islam, Confucianism and Shamanism.(6) Family is very important and the father is the