The Korean Economy – the Miracle on the Hangang River

The Korean Economy – the Miracle on the Hangang River

South Korea has achieved rapid growth in a short period. The country has displayed global competitiveness in various fields such as mobile phones, sem...

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Korea’s Open Market Capitalist Economy

Korea’s Open Market Capitalist Economy

South Korea has adopted the open market economy, and is thus negotiating with other countries to sign more FTAs, as well as allowing foreigners to inv...

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Industrial Brand Leaders and Korean Industrial Standards

Industrial Brand Leaders and Korean Industrial Standards

The government is committed to diversifying export items and enhancing their quality through the annual selection of first-rate quality goods. The pro...

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Efforts to Grow as a Global Power

Efforts to Grow as a Global Power

At present, South Korea is putting every effort into transforming itself into a global economic system. Although the country accomplished rapid growth...

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