A background information on the asian country of south korea

Though most of its continental borders are clearly defined, there are gray areas.

A background information on the asian country of south korea

Kookje Daily News of BusanEconomic Framework During the period from toSouth Korea suffered a serious setback in its national economy because of the financial crisis that had also engulfed a few other Asian countries.

A background information on the asian country of south korea

This was a serious blow to the Korean self-esteem since by that time Korea had been continuing a highly successful rapid economic development for three consecutive decades.

The International Monetary Fund stepped in, pressuring Korea to do a massive restructuring of its management of the financial institutions, liberalizing of regulatory mechanisms, and improving on the transparency in the accounting and administration of business operations.

Owing to a nationwide rally, its economy bounced back in During the setback period, the media sector as a whole also incurred a sharp downturn in advertising revenues, but since the business has begun to regain its vitality.

The South Korean press draws almost 80 percent of its revenue from advertising, with the remaining 20 percent coming from subscription fees.

A background information on the asian country of south korea

They rate the threats coming from governmental sources and legal constraint at the scores of 7. Survey results like these are being touted by the government as evidence of the need for press reform to be done from inside.

Press unions and civic groups champion this cause. They specifically demand that the "rights to editorial independence" be guaranteed by an internal mechanism like editorial board so that the management cannot interfere with editorial decision-making processes.

Even the government administration finds the bill problematic in terms of free-market ideals. The so-called "rights to editorial independence" is a uniquely Korean concept. It is a concept that tells the press owners to take their hands off from the decision-making processes in the newsroom.

Owners of the press institutions hold a different view, of course. They suspect that such a demand is a ploy by the activist unions and the progressive subgroup of the news-room staff to shape the press along the lines of their political and ideological objectives. Press unions are gaining influences in the management of their institutions.

Countries of Asia

The total of 38, media employees includes: Media employees are a dominated market at 85 percent male. The unions at television networks are especially strong, and their relationships with the management are often confrontational and acrimonious.

Press unions are keenly interested in expanding newsroom prerogatives against management interference over editorial matters. On the other hand, such unions tend to go along with the management on measures related to the profit maximization of their media.

Many of the local dailies are known to pressure their reporters to recruit ad sponsors for the well-being of their companies. Of this total The top three compete for a bigger share of ad revenues to remain on the top ladder; the other national dailies do the same not to fall behind; and the majority local dailies just to survive.

Their competition is akin to circulation wars.

Economy of South Korea - Wikipedia

One daily is known to have distributed bicycles and mobile phone sets to lure new subscribers. Most other dailies hand out a variety of gifts as incentives for new subscriptions.

Many of these practices are violations of the Korea Fair Trade Commission rules, but somehow nobody in Korea seems to have the will to enforce the law. Some of them are known to pay only nominal salaries to their newsroom personnel, asking them to collect commissions from new ad revenues they steer to the dailies.

In this course, various unethical and illegal dealings do often occur, such as some reporters bartering publicity articles for new ad sponsorships or some others playing down negative stories involving some institutions if these places promise placing ad pieces. Local dailies are notorious for their dogged pressure toward institutions, public or private, for subscriptions.Initial hopes for a unified, independent Korea were not realized, and in two separate nations were established -- the Republic of Korea (R.O.K.) in the South, and the Democratic People's Republic of Korea (DPRK) in the North.

Afghanistan Background Information

In , the United States established diplomatic relations with . Asia is the World’s largest continent – 43,, km². covering approximately 30% of the Earth’s land and % of the Earth’s surface.

It is bordered by the Ural Mountains to the east, the Arctic Ocean to the north, the Pacific Ocean to the west and the Indian Ocean to the south. South Korea Map - Explore map of South Korea to know about this sovergein country located in southern part of peninsula of Korea in East Asia.

Although conflicts and confrontations have raged between the two Koreas across the DMZ for over sixty-five years, an atmosphere of dialogue and exchange and cooperation was fostered temporarily between the two countries following the Summits held in and However, there is tension along the DMZ at present due to the North’s .

South Korea Table of Contents. Although a variety of different Asian peoples had migrated to the Korean Peninsula in past centuries, very few have remained permanently, so by both South Korea and North Korea were among the world's most ethnically homogeneous nations.

Asia is the World’s largest continent – 43,, km². covering approximately 30% of the Earth’s land and % of the Earth’s surface. It is bordered by the Ural Mountains to the east, the Arctic Ocean to the north, the Pacific Ocean to the west and the Indian Ocean to the south. The history of South Korea formally begins with its establishment on August 15, Korea was administratively partitioned in , at the end of World War ashio-midori.com Korea was under Japanese rule during World War II, Korea was officially a belligerent against the Allies by virtue of being Japanese territory. The unconditional surrender of Japan led to the division of Korea . South Korea is, by all measures, a media-rich country. As of , this country of over forty-seven million people had as many as daily newspapers, with the top three of its national dailies boasting circulation of more than two million copies each.

Ahmad Shah DURRANI unified the Pashtun tribes and founded Afghanistan in The country served as a buffer between the British and Russian empires until it won independence from notional British control in A brief experiment in democracy ended in a .

Summary of Korea's History/Background