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Jenna Griffis

Open Asia - Home - 0 views

shared by Jenna Griffis on 08 May 08 - Cached
Emily Sobieski

Life in Korea: Cultural Spotlight - 0 views

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    korean culture
Jenna Griffis

About Korea - 0 views

  • Korea recently pulled through an economic storm that began in late 1997. This crisis, which roiled markets all across Asia, had threatened Korea's remarkable economic achievements
  • Korea, once known to be one of the world's poorest agrarian societies, has undertaken economic development in earnest since 1962. In less than four decades, it achieved what has become known as the "Miracle on the Hangang River" - an incredible process that dramatically transformed the Korean economy while marking a turning point in Korea's history.
  • With a history as one of the fastest growing economies in the world, Korea is working to become the focal point of a powerful Asian economic bloc during the 21st century
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  • The goal of the nation is to overcome problems rooted in the past by creating an economic structure suitable for an advanced economy.
  • Korea, once known to be one of the world's poorest agrarian societies, has undertaken economic development in earnest since 1962
  • many successful development programs were implemented. As a result, from 1962 to 2006, Korea's Gross National Income (GNI) increased from US$2.3 billion to US$887.3 billion, with its per capita GNI soaring from $87 to about $18,372.
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    good stuff abut everything
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