Korean People’s Army
the Supreme People’s
Assembly, Prime minister
1949. 9 Establish DPRK
1949 Workers Party of Korea (WPK) ,Chairman of the party
1950 ’s Purge the opposition
6.25 Korean war
1960’s Chollima movement
(천리마 운동)
1972 President of North Korea
“The Socialist
Constitution of DPRK”
(조선민주주의인민공화국 사회주의헌법)
1977 Announce “Juche ide
Korean. McDonald's is also famous as a symbol of capitalism, leaving the business. 'McDonald's founder is Raymond Kroc. He ran his money and bought the dealership for a milkshake machine was a hit in the 1950s. But, Kroc went to the west blindly after noticing that Mcdonald's brothers hamburger shop was very popular in California In 1954. Kroc suggested to Mcdonal's brothers franchise business.
1. Legacy of Colonial Period and Geopolitical Importance
Colonial Legacy and Institutional Structure
The Philippines reformed their institution and system by Spain and the United States during the colonial period. However, the US failed to make an efficient administrative organization.
South Korean institution was highly influenced by Japan and US army military government. => Japan st
History of CHINA
Communist party of China set up a government in 1949
October 1st in mainland.
China can not be a unified nation.
"The People's Republic of China.“(마오쩌둥) 중화인민공화국 = 중국
'The Republic of China.‘(장제스) =중화민국
Economy of CHINA
China has the world's second-largest economy
But China's 2011 nominal GDP per capita of US$5,184
Korean firms have an investment of $6.2 billion in China in this year. Likewise, as both countries’ reliance on each other is saliently increasing, a Korea-China FTA has significant importance and heavy economic effect.
In this paper, we aim to assess the economic impacts of a Korea-China FTA on Korea. To this end, we analyze five primary sectors that are deemed to have the greatest impact on
Ⅱ. Main Subject
1. Foreign Markets; India
India, conventional long name Republic of India is a state located in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world.
The Indian economy is the world's tenth largest economy by nominal GDP and fourth largest economy by pu
HDEC(Hyundai E&C)
Founded by Chung Ju-young in 1947 as the Hyundai Civil Works Company
HDEC was a major component of the Hyundai Group
Major role in the exportation of Korean laborers to the Middle East
to work on construction projects there in the 1970s and 1980s
Hyundai Group is founded by Chung Ju-yung.
The first company in the group was founded in 1947 as a construction company. The
IV. Business Culture 장행복, ⌜중국 비즈니스 문화⌟, 신성출판사, 2007
http://www.myjapanphone.com/business_culture.html (2011.5.12)
http://www.worldbusinessculture.com (2011.5.12)
1. Korean Business Culture
Korean are famous for having hasty characteristics. They have strong collectivism.
Confucian ethics emphasise the value of collective group harmony, re
This paper is all about introduction Pororo and its strategies. Korea, our economy is dependent on exports, but traditionally only on heavy chemical industry. Because of this, entertainment industry was ignored in Korea. The Korean Wave has sparked a fad for Korean movies, dramas and pop music nowadays, also animation industry. So, we are talk about Pororo, a trailblazer in the field of animation
- Again china ranks first as country in export(double the US)
- Japan mostly imports natural resources fossil fuels, lumber
- Japan imports goods like electronics, machinery and optical instruments
=> Japan’s comparative advantage
b. Quotas
Japan imposes a quota rate on 17 products to Korea, mainly Agricultural
Products and fish
Ex) Quota of 2.4million sheets of Korean Seawe