Transcript
South Korea
Presented By :- Pawan Jangid Shrema Garg Shivam Gautam
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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
Source : www.korea.net 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, Inch’4n, Kwangju,
and Taej4n. • Independence : 15 August 1945• Republic Of Korea(constitution) : 17 July 1948
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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 P’yngyang.
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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)
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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 Sejong’s guidance Korean
alphabet, ‘Hangeul’ was created.
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History Cont.
• Japanese Occupation& Korean War– Japan forcibly annexed Korea and
instituted colonial rule in 1910.– Japan’s official assimilation policy
banned Korean-language education.– Independence Movement created
strong bonds of patriotism among Koreans.
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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
source : www.korea.net 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
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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 Chosŏn
(“Land of the Morning Calm”).source: www.korea.net
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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)
Source : Korea national statistical office
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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 source- Korea national statistical
office
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Culture
•South Korea has rich and diverse culture• Music• Films & Television• Dramas• Literature• Games• Technology• Academics• Journalism
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Culture
• Geert Hofstede’s Dimension
PDI IDV MAS UAI LTO
56.5
4051
65
48
60
18
39
8575
Chart Title
WORLD AVERAGE SOUTH KOREA
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DYNAMIC KOREA
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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.
Source : www.korea.net
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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
Source : www.korea.net
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 %
www.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)
korean energy ministry 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
wikipedia 21
Infrastructure
• Airports : 113(2008)• Heliports : 535(2008)• Railways : 3381 km• Roads : 103029 km• Major ports
– Inch'on, – P'ohang, – Busan, – Ulsan
knowledge economy ministry 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)
www.korea.net 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
Source : World Bank 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
• 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
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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”
www.korea.net
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)
www.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.
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World organizations
• Joined in 1989• Joined in1955
• Joined in1991• Joined in 1995• Joined in 1996
Source : www.korea.net
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 $
www.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 $
www.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
www.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%
wikipedia 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• India’s export to south Korea is 4.62 Billion $• India’s import from south Korea is 5.4 Billion $
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Challenge Question
• Developing Sectors in South Korea and India can benefit from them by
collaborating ?
www.korea.net 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.
www.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.
www.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.
www.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.
World Shipbuilding Production
RANK Country 10000 GT
Share(%)
1 South Korea 1240 50.6
2 China 840 34.43 Europe 140 5.74 Japan 90 3.75 Rest of World 140 5.6
Global Output 2450 100.0
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Conclusion
• South Korea is thus a country of diverse heritage and a bright future.
• South Korea is one of the few developed countries in Asia.
• Relations between South Korea and India are beneficial to both.
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Thank you…
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