SOUTH KOREAN TRILLION. SOME SOURCES AND CAUSES OF IMPRESSIVE ECONOMIC SUCCESS OF THE REPUBLIC OF KOREA
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SOUTH KOREAN TRILLION. SOME SOURCES AND CAUSES OF IMPRESSIVE ECONOMIC SUCCESS OF THE REPUBLIC OF KOREA
Annotation
PII
S0321-50750000617-4-1
Publication type
Article
Status
Published
Pages
25-29
Abstract
In December  2011, the Republic  of Korea (ROK) joined the  club  of the  leading nations of the  world,  which  foreign trade  balance exceeded 33 руб. trillion,  and became a member of the  «community» of  the  most  developed economies in  the world.  It should  be noted  that  South  Korea  is the  smallest country  in this club. The size of its territory and population are second only to the Netherlands. And yet as far as variety of exports is concerned it firmly holds the third place among club memebers. According to this  indicator only Germany and  the Netherlands are ahead.
Keywords
The Republic of Korea in the global economy system, innovative technologies, investment climat, export capacity
Date of publication
01.03.2013
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0
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124
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Additional sources and materials

1. Korea forecast to be 4-th richest in 2040. Korea Herald, March 02.2011.
2. Korea's trade tops $1 trln // The Korea Times. December 6, 2011.
3. Korea ranked 29th in globalization // Korea Herald. January 26, 2012.
4. FTA (angl. free trade agreement) - soglashenie gruppy stran o sozdanii zony svobodnoj torgovli; v ehtikh soglasheniyakh obychno ogovarivaetsya spisok tovarov, na kotorye rasprostranyaetsya rezhim svobodnoj torgovli; dopuskaetsya zaklyuchenie dopolnitel'nykh soglashenij o vvedenii perekhodnogo perioda ili o postepennom - na protyazhenii neskol'kikh let - vvedenii rezhima FTA.
5. Koreas trade with FTA signatories jumps // The Korea Times. January 25, 2012.
6. Fostering synergies between Africa and Korea - www.koafec.org
7. Korea FDI gains momentum in Africa // The Korea Times. November 7, 2011.
8. 19 foreign-invested firms to invest $2,3 bln by 2015 // Korea Herald. February 12, 2012.
9. S.Korea’s semiconductor export to reach $2,5 bln in 2011 www.asiaelectronicsnews.com
10. Dedvejt (angl. deadweight, DWT) - chistaya gruzopod'emnost' sudna, izmeryaemaya v tonnakh, t.e. summa massy gruza, perevozimogo sudnom (topliva, masla, tekhnicheskoj i pit'evoj vody, passazhirov s bagazhom, ehkipazha i prodovol'stviya). Termin «dedvejt» primenyaetsya tol'ko dlya kommercheskikh (gruzovykh) sudov.
11. S.Korea world top shipbuilding in 2011 // The Korea Herald. January 11, 2012
12. Shipbuilders bag orders for LNG carriers, tankers // The Korea Herald. February 16, 2012.
13. S.Koreas IT products hit new high in 2011 www.news.xinhuaanet.com
14. Robuts growth expected for IT giants // The Korea Herald. January 16, 2012.
15. S. Koreas Food Security Alarm - www.asiasentinel.com.
16. Korea to raise self-supply of oil, natural gas to 35% // The Korea Herald. February 16, 2012