The Miracle on Han River: South Korea

Korea is a broken country where families have once been broken and is a model of perseverance in difficult circumstances. South Korea and its neighbors have developed into a country before the Democratic People's Republic of Korea, but its way is different. Both countries are interdependent, but they are very different. In this case, their conflicting government style and their different cultures speak for themselves. Over the years, Korea has experienced tremendous change since the war of the Korean War and has become an indicator of cultural and economic change in Asia.

Korea's miraculous economic growth was commonly called "Han River Miracle". This is a country that once suffered from political turmoil and poverty, became a "trillion dollar club" economy. The annual average annual growth rate of this country is 7% and it shrank in 2 years. South Korea became part of the Organization for Economic Cooperation and Development (OECD) in 1996 and recorded the development to a rich industrialized country. In 2004, he joined the elite club of a trillion dollar economy and is now ranked as the 12th largest economy by GDP.

Korea has always been regarded as an economic miracle. Despite the torture of the Korean War, Korea has achieved rapid growth after the war, known as the Han River miracle, becoming the seventh largest exporter in the world. One of the most powerful contributors to this "magical" growth is prioritization of education. The fact that Korea focuses on higher education and efficiency has motivated many engineers and intellectuals who have supported the industrialization of the Korean economy. According to OECD's 2012 PISA test results, Korea was ranked fifth in mathematics, reading and science, and second in problem solving ability.

In South Korea's wild consumer society, "Korean Democratic People's Republic Hell" was formerly known as "Han Dynasty Miracle", the creation of resistance created by the important space created by the idea of ​​North Korea's hell Action constitutes a creative impulse behind Korean street fashion. Especially among young people. In this way, Korean street fashion culture will rise again in the old Korean culture of the 1990s (again toward the end of the paradigm of the Han River miracle of the past, the 1997 "International Monetary Fund Crisis" is a pain of death) There is no vinegar can also get flowers from the best seeds

Samsung has a strong influence on Korean economic development, politics, media and culture, and it is the main driving force behind "Han River Miracle". Production volume of subsidiaries accounts for about one-fifth of Korea's total export value. Samsung's revenue is 17% of Korea's GDP of 108 billion dollars. Nokia has production facilities around the world and we are working to make every facility as sustainable as possible. In a sense, this means to minimize the adverse effects on the environment and society that the facility may create, for example by reducing energy consumption and by ensuring that the material is ethical I will. But it also means maximizing the positive impact of our existence on the community - from providing useful employment opportunities to supporting precious careers like schools and hospitals.