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| After World War II, a
republic was set up in the southern half of the
Korean Peninsula while a Communist-style government
was installed in the north. The Korean War (1950-53)
had US and other UN forces intervene to defend South
Korea from North Korean attacks supported by the
Chinese. An armistice was signed in 1953 splitting
the peninsula along a demilitarized zone at about
the 38th parallel. |
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Thereafter, South Korea achieved rapid economic growth,
with per capita income far outstripping the level of North
Korea. In 1997, the nation suffered a severe financial
crisis from which it continues to make a solid recovery.
South Korea has also maintained its commitment to democratize
its political processes. In June 2000, a historic first
south-north summit took place between the south's President
KIM Dae-jung and the north's leader KIM Chong-il. In December
2000, President KIM Dae-jung won the Noble Peace Prize
for his lifelong commitment to democracy and human rights
in Asia. He was the first Korean to win a Nobel Prize.
In the recent presidential election in December 2002,
Mr. Roh Moo-Hyun gained a majority of the votes against
the Opposition Party Leader and became a newly elected
president to succeed Mr. Kim Dae-Jung.
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Area |
47,010 sq. mi (120,540
sq. km) |
Population |
47 million |
Capital |
Seoul (population
12 million) |
Geography |
peninsula, bordered
by Yellow Sea, the East Sea, and covered with
70% mountains. |
Language |
Korean ( called
Hangul ) |
Currency |
Won (1 C$=W 760,
1 US$=W 1190 approximately) |
Religion |
Buddhism, Christianity,
Confucianism, Shamanism |
Major Trading Partners |
USA, Japan, the
EU and China |
GDP |
US $475 billion |
Per Capita GDP |
US $10,550 |
Annual Growth |
5 ~ 9% |
Inflation |
4.4% |
Government |
Republic |
President |
Mr. Roh Moo-Hyun,
newly elected |
Time |
GMT +9 hours (
the Eastern Time of Canada + 14 hours ) |
Electricity |
110/220V, 60 Hz.
220V outlets are dominant |
Weights & Measures |
Metric System |
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Click
here to view Korea map |
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Copyright© 2002-2007
Marcopolo Korea, All rights reserved.
14 Chessington Street, St. Catharines, Ontario, Canada L2S 3J3
Phone Number: 905-641-2288
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