An independent kingdom for much of its long history, Korea was occupied by Japan beginning in 1905 following the Russo-Japanese War. In 1910, Tokyo formally annexed the entire Peninsula. Korea regained its independence following Japan's surrender to the United States in 1945. After World War II, a democratic-based government (Republic of Korea, ROK) was set up in the southern half of the Korean Peninsula while a Communist-style government was installed in the north (Democratic People's Republic of Korea, DPRK). During the Korean War (1950-53), U.S. troops and UN forces fought alongside ROK soldiers to defend South Korea from a DPRK invasion supported by China and the Soviet Union. A 1953 armistice split the peninsula along a demilitarized zone at about the 38th parallel. PARK Chung-hee took over leadership of the country in a 1961 coup. During his regime, from 1961 to 1979, South Korea achieved rapid economic growth, with per capita income rising to roughly 17 times the level of North Korea. South Korea held its first free presidential election under a revised democratic constitution in 1987, with former ROK Army general ROH Tae-woo winning a close race. In 1993, KIM Young-sam (1993-98) became South Korea's first civilian president. South Korea today is a fully functioning modern democracy. LEE Myung-bak (2008-2013) pursued a policy of global engagement , highlighted by Seoul's hosting of the G-20 summit in November 2010 and the Nuclear Security Summit in March 2012. South Korea also secured a non-permanent seat (2013-14) on the UN Security Council and will host the 2018 Winter Olympic Games. President PARK Geun-hye took office in February 2013 and is South Korea's first female leader. Serious tensions with North Korea have punctuated inter-Korean relations in recent years, including the North's sinking of the South Korean warship Cheonan in March 2010 and its artillery attack on South Korean soldiers and citizens in November 2010. In January 2013, assumed a nonpermanent seat on the UN Security Council for the 2013-14 term.
9 provinces (do, singular and plural), 6 metropolitan cities (gwangyoksi, singular and plural), 1 special city, and 1 special self-governing city
provinces:
Chungbuk (North Chungcheong), Chungnam (South Chungcheong), Gangwon, Gyeonggi, Gyeongbuk (North Gyeongsang), Gyeongnam (South Gyeongsang), Jeju, Jeonbuk (North Jeolla), Jeonnam (South Jeolla)
elections:
president elected by popular vote for a single five-year term; PARK Geun-hye elected on 19 December 2012; next election to be held in December 2017; prime minister appointed by president with consent of National Assembly
election results:
PARK Geun-Hye elected president on 19 December 2012; percent of vote - PARK Geun-Hye (NFP) 51.6%, MOON Jae-In (DUP) 48%, others 0.4%
unicameral National Assembly or Gukhoe (300 seats; 246 members elected in single-seat constituencies, 54 elected by proportional representation; members serve four-year terms)
elections:
last held on 11 April 2012 (next to be held in April 2016)
election results:
percent of vote by party - NA; seats by party - NFP 152, DUP 127, UPP 13, LFP 5, independents 3
Supreme Court (justices appointed by the president with consent of National Assembly); Constitutional Court (justices appointed by the president based partly on nominations by National Assembly and Chief Justice of the court)
Democratic United Party or DUP (formerly the Democratic Party or DP) [MOON Hee-sang (interim)]; Liberty Forward Party or LFP (now part of the NFP); New Frontier Party (NFP) or Saenuri (formerly Grand National Party) [HWANG Woo-yea]; Progressive Justice Party or PJP [ROH Hoe-chan and CHO Joon-ho]; United Progressive Party or UPP [LEE Jung-hee]
Catholic Priests' Association for Justice; Citizen's Coalition for Economic Justice; Federation of Korean Industries; Federation of Korean Trade Unions; Korean Confederation of Trade Unions; Korean Veterans' Association; Lawyers for a Democratic Society; National Council of Churches; People's Solidarity for Participatory Democracy
white with a red (top) and blue yin-yang symbol in the center; there is a different black trigram from the ancient I Ching (Book of Changes) in each corner of the white field; the Korean national flag is called Taegukki; white is a traditional Korean color and represents peace and purity; the blue section represents the negative cosmic forces of the yin, while the red symbolizes the opposite positive forces of the yang; each trigram (kwae) denotes one of the four universal elements, which together express the principle of movement and harmony
lyrics/music:
YUN Ch'i-Ho or AN Ch'ang-Ho/AHN Eaktay
note:adopted 1948, well known by 1910; both North Korea and South Korea's anthems share the same name and have a vaguely similar melody but have different lyrics
South Korea over the past four decades has demonstrated incredible growth and global integration to become a high-tech industrialized economy. In the 1960s, GDP per capita was comparable with levels in the poorer countries of Africa and Asia. In 2004, South Korea joined the trillion dollar club of world economies, and is currently the world's 12th largest economy. Initially, a system of close government and business ties, including directed credit and import restrictions, made this success possible. The government promoted the import of raw materials and technology at the expense of consumer goods, and encouraged savings and investment over consumption. The Asian financial crisis of 1997-98 exposed longstanding weaknesses in South Korea's development model including high debt/equity ratios and massive short-term foreign borrowing. GDP plunged by 6.9% in 1998, and then recovered by 9% in 1999-2000. Korea adopted numerous economic reforms following the crisis, including greater openness to foreign investment and imports. Growth moderated to about 4% annually between 2003 and 2007. Korea's export focused economy was hit hard by the 2008 global economic downturn, but quickly rebounded in subsequent years, reaching 6.3% growth in 2010. The US-South Korea Free Trade Agreement was ratified by both governments in 2011 and went into effect in March 2012. Throughout 2012 the economy experienced sluggish growth because of market slowdowns in the United States, China, and the Eurozone. The incoming administration in 2013, following the December 2012 presidential election, is likely to face the challenges of balancing heavy reliance on exports with developing domestic-oriented sectors, such as services. The South Korean economy's long term challenges include a rapidly aging population, inflexible labor market, and heavy reliance on exports - which comprise half of GDP.
general assessment: excellent domestic and international services featuring rapid incorporation of new technologies
domestic:
fixed-line and mobile-cellular services widely available with a combined telephone subscribership of roughly 170 per 100 persons; rapid assimilation of a full range of telecommunications technologies leading to a boom in e-commerce
international:
country code - 82; numerous submarine cables provide links throughout Asia, Australia, the Middle East, Europe, and US; satellite earth stations - 66 (2011)
multiple national TV networks with 2 of the 3 largest networks publicly operated; the largest privately owned network, Seoul Broadcasting Service (SBS), has ties with other commercial TV networks; cable and satellite TV subscription services available; publicly operated radio broadcast networks and many privately owned radio broadcasting networks, each with multiple affiliates, and independent local stations (2010)
by type:
bulk carrier 191, cargo 235, carrier 8, chemical tanker 130, container 72, liquefied gas 44, passenger 5, passenger/cargo 15, petroleum tanker 55, refrigerated cargo 15, roll on/roll off 10, vehicle carrier 6
foreign-owned:
31 (China 6, France 2, Japan 14, Taiwan 1, US 8)
registered in other countries:
457 (Bahamas 1, Cambodia 10, Ghana 1, Honduras 6, Hong Kong 3, Indonesia 2, Kiribati 1, Liberia 2, Malta 2, Marshall Islands 41, North Korea 1, Panama 373, Philippines 1, Russia 1, Singapore 3, Tuvalu 1, unknown 8) (2010)
20-30 years of age for compulsory military service, with middle school education required; conscript service obligation - 21 months (Army, Marines), 23 months (Navy), 24 months (Air Force); 18-26 years of age for voluntary military service; women, in service since 1950, admitted to 7 service branches, including infantry, but excluded from artillery, armor, anti-air, and chaplaincy corps; HIV-positive individuals are exempt from military service (2010)
Military Demarcation Line within the 4-km-wide Demilitarized Zone has separated North from South Korea since 1953; periodic incidents with North Korea in the Yellow Sea over the Northern Limit Line, which South Korea claims as a maritime boundary; South Korea and Japan claim Liancourt Rocks (Tok-do/Take-shima), occupied by South Korea since 1954
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