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No. 4 December, 12 1996

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Korean Economy

Korea Became 29th OECD Member

North-South Economic Gap Widen to 20.3 Times in 1995

Yemen Study

¿¹¸àÀÇ ±îÆ®(Qat) ÀüÅë

Activities

KYC

The Korean Alphabet

 

 ÃѸñÂ÷| Ⱓȣ | Á¦2È£ | Á¦3È£ | Á¦4È£ | Á¦5È£ | Á¦6È£ | Á¦7È£ | Á¦8È£  |  Á¦9È£  | Á¦10È£

KYC ¾È³» |¿¹¸à Åë°è|¿¹¸à ÀÏ¹Ý |´º½º·¹Å¸|¿¹¸à ¿¬±¸|¿¹¸à ´º½º|¼®À¯ Á¤º¸|¿¹¸à ´ë»ç°ü|KIME Ãßõ»çÀÌÆ®| Áßµ¿ °æÁ¦ |ºñÁî´Ï½º ¾È³»|ÀÚ·á½Ç|°Ô½ÃÆÇ

å¥Ú¦ á¼ãÓ KOREA - YEMEN CENTER NEWSLETTER º» ´º½º·¹Å¸´Â RIES ºÎ¼³ Çѱ¹¿¹¸à±³·ù¼¾Å¸°¡ ¹ßÇàÇÏ´Â ¼Ò½ÄÁöÀÌ´Ù. º» ´º½º·¹Å¸´Â º»¿ø ȸ¿ø¸¸ÀÌ ¹Þ¾Æº¼ ÀÚ°ÝÀ» °¡Áö¸ç, º»Áö¿¡ °ÔÀçµÈ °ßÇØ¿¡ ´ëÇØ¼­´Â ÇÊÀÚ ÀڽŸ¸ÀÇ °ßÇØÀ̱⿡ ÇÊÀÚ¿ÍÀÇ ÇÕÀǾø´Â ¹«´Üº¹Á¦ ¹× °ÔÀ縦 ±ÝÇÑ´Ù.

Publisher: Dr. Seong Min HONG, President KYC, Editor: Dr. Jond Do KIM, Director of Research, KYC   This publication is consisted of Korean, English, Arabic and the other languages concerned. The contents of the newsletter do not necessarily reflect either the position or the views of KYC. 

Copyright ¨Ï 1997 by RIES. Designed by Wonny.. All rights reserved. Send comments and suggestions to E-mail ;kyc@hopia.net


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Korean Economy


Korea Became 29th OECD Member

The Organization for Economic Cooperation and Development (OECD) formally accepted Korea as its 29th member, the second Asian country to be affiliated with the organization on October 11, 1996. The council agreed that Korea had successfully passed entry qualification requirements such as reviews by 11 Committees. Yet the council reportedly has decided to review the liberalization progress of Korea's 51 revised items, including the bond market opening, again in 1998, two years after Korea's affiliation with OECD. Upon OECD's formal invitation, the government intends to sign an affiliation accord with OECD at the next OECD council meeting slated for October 25 in Paris after Korea's entry plan is passed through the cabinet council council and approved by the Chief Executive.

North-South Economic Gap Widen to 20.3 Times in 1995

Recent economic differences between North and South is wider and heavier than 1980s. South Korea's GNP increased conspicuously by 150.6 times to $451.7 billion last year since 1965, while the North's remained lax with a growth of only 11.7 times to $22.3 billion during the same period. This is a selected text from The Korea Economic Weekly, December 9, 1996.

According to a recent report comparing the North-South economic and social aspects announced by the National Statistical Office, South Korea's GNP difference with the North last year widened by 20.3 times in 1995 from 17.8 times in 1994.

In particular, North Korea's real GNP recorded a minus growth of 4.5 percent on a yearly average during 1990-1995, with 1995's GNP reaching only 76% of 1989's figure. The South, on the contrary, enjoyed a robust growth of 7.8 percent over the same six years. Last year's real GNP increased by 1.6 times from 1989, widening the North-South economic difference as a consequence.

As for per capita GNP of the two Koreas, the South recorded $10,076 last year, 10.5 times that of North Korea, which was a scant $957. In 1994, the gap differentiated by 9.2 times. Per capita GNP in the South was just $105 in 1965, reaching only 64.8 percent of the North, which was $162. But in the following years, the South's economy grew sharply by 96 times, making a drastic contrast with the North, with a mere 5.9 times growth.

In terms of trade, South Korea's trade volume last year was $260.18 billion, leaving North Korea far behind at $2.05 billion, a 126.9 times difference. This showed a great disparity between the two Koreas since 1965, when the difference was only 1.6 times. Meanwhile, overall North-South trade totalled $287.29 million last year, making South Korea the North's third largest trading partner, following Japan($590 million) and China($550 million).

North-South GNP Comparison

($100million)

Country Year

1965

1975

1985

1995

South Korea

30

209

911

4,517

North Korea

19

65

151

223

(Times of S/N)

(1.6)

(3.2)

(6.0)

(20.3)

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Yemen Study

¿¹¸àÀÇ ±îÆ®(Qat) ÀüÅë

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Activities

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KYC

The Korean Alphabet

The Korean alphabet, which is considered one of the most scientific writing systems in use in the world, consists of 10 vowels and 14 consonants, which can be combined to form numerous syllabic groupings. It is simple, but systematic and comprehensive at the same time. Han-gŭl(ÇѱÛ), Korean language, is easy to learn and print, which has greatly contributed to Korea's high literacy rate and advanced publication industry. It is also easily appliable to computer system.


¾È³çÇϼ¼¿ä(How do yo do)? - an nyong ha se yo ?

¿©±â´Â ¼­¿ïÀÔ´Ï´Ù(Here is Seoul). - Yo, gi nun; so, ul ib ni da.

°¨»çÇÕ´Ï´Ù(Thank You). - gam sa hab ni da.

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