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CAUTION: The following links and
accompanying text have been culled from the web to illuminate the situation
in South Korea in the early years of the 21st Century. Some of these
links may lead to websites that present allegations that are unsubstantiated,
misleading or even false. No attempt has been made to validate
their authenticity or to verify their content. HOW TO USE THIS WEBPAGE Students If you are looking
for material to use in a term-paper, you are advised to scan the postings on
this page and others to see which aspects of poverty are of particular
interest to you. You might be
interested in exploring the relationship between distribution of labor and
per-capita GDP, for example. Perhaps
your paper could focus on life expectancy or infant mortality. Other factors of interest might be
unemployment, literacy, access to basic services, etc. On the other hand, you might choose to
include some of the possible outgrowths of poverty such as Human Trafficking,
Street Children,
or even Prostitution. There is a lot to the subject of
Poverty. Scan other countries as well
as this one. Draw comparisons between
activity in adjacent countries and/or regions. Meanwhile, check out some of the Term-Paper resources
that are available on-line. Teachers Check out some of
the Resources
for Teachers attached to this website. *** Extreme Weather *** Recent Flooding and
Landslides: South Korean
President Yoon Suk Yeol acknowledged the impact of
extreme weather events and vowed to overhaul the country’s approach to
climate change. Heavy rains triggered flooding and landslides, resulting in
dozens of fatalities. At least 41 people have died, and nine remain missing
due to heavy rain. Climate Change
Projections for South Korea: While annual
average rainfall is not expected to increase dramatically between 2021 and
2040, there is a prediction of a sharp increase in “extreme downpours” due to
climate change. Specifically, a weather phenomenon known as “Changma” precipitation is expected to increase by up to
5% in the near future (2020–2039) and up to 25% by the end of the 21st
century (2080–2099) – adapted from Microsoft BING Copilot *** ARCHIVES *** The World Factbook – South Korea U.S. Central Intelligence Agency CIA www.cia.gov/library/publications/resources/the-world-factbook/geos/ks.html [accessed 17
November 2020] World Factbook
website has moved to ---> www.cia.gov/the-world-factbook/countries/korea-south/ [accessed 10 January 2021] ECONOMIC OVERVIEW - policies that
favored saving and investment, and exports, over domestic consumption have
lifted South Korea up from being one of the poorest countries in the world in
the 1960s to one of the wealthiest
today, creating one of the 20th century’s most remarkable economic success
stories. GDP -
per capita (PPP): $39,500 (2017
est.) Labor
force - by occupation: agriculture:
4.8% industry:
24.6% services: 70.6% (2017 est.) Unemployment
rate: 3.7% (2017
est.) Population
below poverty line: 14.4% (2016
est.) Maternal
mortality rate: 11 deaths/100,000 live births (2017 est.) Infant mortality
rate: total: 3 deaths/1,000 live births Life
expectancy at birth: total population: 82.6 years Drinking
water source: improved: total: 100% of population Physicians
density: 2.36 physicians/1,000 population (2017) Sanitation
facility access: improved: total: 100% of population Electricity
access: electrification - total population: 100% (2016) The
Borgen Project – South Korea borgenproject.org/category/south-korea/ [accessed 9 March 2021] The Borgen Project works with U.S. leaders to utilize the
United States’ platform behind efforts toward improving living conditions for
the world’s poor. It is an innovative,
national campaign that is working to make poverty a focus of U.S. foreign
policy. It believes that leaders of
the most powerful nation on earth should be doing more to address global
poverty. From ending segregation to providing women with the right to vote,
nearly every wrong ever righted in history was achieved through advocacy. The
Borgen Project addresses the big picture, operating
at the political level advancing policies and programs that improve living
conditions for those living on less than $1 per day. ~
Solving Hunger In South Korea And The International Community borgenproject.org/solving-hunger-in-south-korea/ ~
The Economy And Women’s Rights In South Korea borgenproject.org/womens-rights-in-south-korea/ ~
How Education In South Korea Slashed Poverty borgenproject.org/education-in-south-korea/ ~
Elderly Poverty In South Korea borgenproject.org/elderly-poverty-in-south-korea/ ~
Higher Education To Occupation Disparity In South Korea borgenproject.org/higher-education-to-occupation-disparity-in-south-korea/ ~
A Profile Of Health Care In South Korea borgenproject.org/health-care-in-south-korea/ The
World Bank in the Republic of Korea www.worldbank.org/en/country/korea/overview [accessed 21 April 2021] Korea
is one of the few countries that has successfully
transformed itself from a low-income to a high-income economy and a global
leader in innovation and technology. The Korea office works with Korean
partner institutions to help developing countries learn from Korea’s
experience and expertise. Looking back a few years … Advameg, Inc., Encyclopedia of the Nations www.nationsencyclopedia.com/Asia-and-Oceania/Korea-Republic-of-ROK-ECONOMY.html [accessed 10 January 2021] Under a
centralized planning system initiated in 1962, the ROK was one of the fastest
growing developing countries in the postwar period, shifting from an agrarian
to an industrial economy to a high-tech "new economy" in the course
of only a few decades. In
2001, industry contributed 44% of GDP compared to 16.2% in 1965, while
agriculture, forestry and fishing accounted for 4%, down from 46.5%. Much of
this industrialization was fueled by the government's stimulation of heavy
industry, notably steel, construction, shipbuilding, and automobile
manufacture, as well as its support of technological advances in
communications and information technology (CIT). All
material used herein reproduced under the fair use exception of 17 USC § 107
for noncommercial, nonprofit, and educational use. PLEASE RESPECT
COPYRIGHTS OF COMPONENT ARTICLES. Cite this webpage as: Prof. Martin
Patt, "Poverty – South Korea",
http://gvnet.com/poverty/SouthKorea.htm, [accessed <date>] |
