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Jun 9, 2004
Lifestyle in Korea
- Karen Grace Pascual Email this article

Its capital is a soul (Seoul) in Asia. It provided the landscape for the Endless Love Series. And it comes to mind when the name Sandara pops in. If you guessed Korea, then you are … correct!. 

 

Many people will be given a chance to work in this country and possibly succeed. This edition of Country Report aims to give a glimpse of the lifestyle an overseas worker will come face to face with if he/she gets lucky enough to work here. Please remember that this is merely a brief overview of what to expect in the land of the morning calm.

 

Fast facts

Capital: Seoul

 Language: Korean

Religion: Shamanic, Christian, Chondogyo and Chrisitian

Population:47,470,969

Currency: Won

 

Government

Korea is a democratic republic with power centralized in an executive president. Regional autonomy has been established in 1995. Administrative districts include 1capital city, 6 metropolitan cities and 9 provinces with 72 cities and 92 counties. The president of South Korea is Roh Moo-hyun who has recently won against an impeachment case filed against him by the National Assembly for breaking an election law.

 

Geography

Korea is located on the Korean Peninsula, which spans 1,100 kilometers north to south. The Korean Peninsula lies on the northeastern section of the Asian continent, where Korean waters are joined by the western-most parts of the Pacific. The peninsula shares its northern border with China and Russia. To its east is the East Sea, beyond which neighboring Japan lies. In addition to the mainland peninsula, Korea includes some 3,000 islands. Korea encompasses a total of 222,154 square kilometers, Some 45 percent of this area, or 99,000 square kilometers, is considered cultivatable area, excluding reclaimed land areas.

 

Climate

Korea’s climate consists of our seasons: Winter, Spring, Summer and Fall. January is the coldest month with the mean temperature ranging from -5 degrees to 5 degrees Celsius. (You may have an idea how cold just by watching Endless Love 2)Annual precipitation is about 1,500mm in the central region. Out of 28 typhoons that occur in Western pacific annually, 2 or 3 of these approach the Korean Peninsula from June through September.

 

Economy

Over the past four decades, Korea has enjoyed an average economic growth rate of 8.6 percent a year and has emerged as the world's 11th largest trading nation. In less than two generations, the nation has established itself as one of the world's leading shipbuilders and manufacturers of electronics, semiconductors, and automobiles. These achievements enabled the country to join the Organization for Economic Cooperation and Development in 1996.

 

An export-oriented economic development strategy contributed greatly to the overall economic transformation of Korea. Based on the strategy, many successful development programs were implemented. As a result, Gross National Income (GNI) increased to $474 billion in 1997, with its per capita GNI soaring from $87 to $10,307. Major import items included industrial raw materials such as crude oil and minerals, and general consumer products and foodstuffs, as well as machinery, electronic equipment and transportation equipment.

 

Money

Korean banknotes are issued in the following denominations: 1000, 5000, and 10000 Won. Smaller values are issued as coins, ranging from 1 Won to 500 Won.

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