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Poverty & Hunger

Republic of Korea, ROK

South Korea

In the early years of the 21st Century

Description: Description: Description: SouthKorea

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.

*** 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>]