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Capital controls were an integral part of the Bretton Woods system which emerged after World War II and lasted until the early 1970s. This period was the first time capital controls had been endorsed by mainstream economics. Capital controls were relatively easy to impose, in part because international capital markets were less active in ...
An enlargeable map of South Korea. The following outline is provided as an overview of and topical guide to South Korea: South Korea – densely populated sovereign presidential republic located on the southern half of the Korean Peninsula in East Asia. [1] Also known as the "Land of the Morning Calm".
Working on extremely short notice and completely unprepared, they used a National Geographic map to decide on the 38th parallel as the dividing line. They chose it because it divided the country approximately in half but would place the capital Seoul under American control. No experts on Korea were consulted.
Many of the firms that benefited from this relationship were too indebted, had poor corporate governance, and were inefficient. There was a huge inflow of capital and a bending of regulation in favour of these problematic firms. Hanbo Group, formerly South Korea's second-largest steel-maker, is a good example of this.
The name Korea is derived from the shortened form of Goguryeo: Goryeo (Koryŏ) The name Korea is an exonym derived from the historical Korean kingdom name Goryeo (Korean: 고려; Hanja: 高麗; MR: Koryŏ). Goryeo was the shortened name officially adopted by Goguryeo in the 5th century [11] [12] [13] and the name of its 10th-century successor ...
Administrative divisions of North Korea; ISO 3166-2:KR, ISO codes for cities and provinces in South Korea; List of cities in South Korea; List of South Korean regions by GDP; Provinces of Korea; Special cities of South Korea
North Korea is a one-party state, now centred on Kim Il Sung's Juche ideology, with a centrally planned industrial economy. South Korea is a multi-party state with a capitalist market economy, alongside membership in the Organisation for Economic Co-operation and Development and the Group of Twenty. The two states have greatly diverged both ...
Provinces (도, 道) are the highest-ranked administrative divisions in South Korea, which follows the East Asian tradition name Circuit (administrative division).Along with the common provinces, there are four types of special administrative divisions with equal status: special self-governing province, special city, metropolitan city, and special self-governing city.