Tag Archive: South Korea

The annexation of Korea to its territory, perpetrated by Japan in 1910, had a decisive influence on the evolution of the country’s economy, affecting the development of communication routes and industrial and extractive activities, especially for the northern regions. According…
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South Korea’s traditionally low unemployment rate rose sharply in the wake of the economic crisis in the late 1990s, but it declined again the decade after that. During the military regime (1961–1987), wages were kept down and attempts to form…
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