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South Korea's economy moved away from a centrally planned, government-directed investment model toward a more market-oriented one. These economic reforms, pushed by President Kim Dae-jung, helped South Korea maintain one of Asia's few expanding economies, [citation needed] with growth rates of 10.8% in 1999 and 9.2% in 2000. Growth fell back to ...
The state-run Korea Development Institute now projects South Korea’s economy to grow by 1.6% in 2025, which is 0.4 percentage points lower than its previous estimate announced in November ...
Byeonsan-bando National Park.. The environment of South Korea is the natural environment of South Korea, which occupies the southern half of the Korean peninsula.Environment - current issues: air pollution in large cities; water pollution from the discharge of sewage and industrial effluents; acid rain; drift net fishing.
South Korea has the highest level of environmental pollution among OECD countries. With a population density of 492 people per square kilometer, it ranks third in the world, with more than half of the population living in the Seoul metropolitan area, which accounts for 11.8% of the land area.
Seoul has three central business districts; the Downtown Seoul(CBD), Gangnam(GBD), and Yeouido(YBD). [12] The Downtown Seoul, which has 600 hundred years of history as unparalleled business district in entire Korea, is now a densely concentrated area around Gwanghwamun and Cheonggyecheon with headquarters of major companies, foreign financial institutions, largest news agencies and law firms.
South Korea's economy returned to growth in the third quarter, recovering from its sharpest contraction in more than a decade, as the government pushed through stimulus measures and major trading ...
South Korea's travel and tourism industry, which generated 84.7 trillion won ($59.1 billion) in 2023, around 3.8% of GDP, has held up through previous bumps in the road, including a 2016 ...
South Korea's economy was one of the world's fastest-growing from the early 1960s to the late 1990s, and was still one of the fastest-growing developed countries in the 2000s, along with Hong Kong, Singapore and Taiwan, the other three Asian Tigers. [199] It recorded the fastest rise in average GDP per capita in the world between 1980 and 1990 ...