SlideShare a Scribd company logo
1 of 13
Download to read offline
:South korea
(1960s to 2000s)
Submitted by-
• Priyanka Bajaj – A01
• Pushpinder Sandhu – A02
• Amanjoot- A03
• Varnika –A04
Submitted to:- Makhmoor Bashir
South korea is one of the world’s wealthiest
nation. It is a developed country, with a developed
market and high-income economy. South Korea was
one of the world’s fastest growing economies from the
early 1960s to the 1990s and it is still one of the fastest
growing developed countries in the 2000s.
Rank according to GDP:- 15th
Rank according to PPP:- 12th
South korea’s economic ranking
South Korea is member of organization for economic co-
operation and development (OECD) and the G-20 major
economies.
South Korea was one of the few developed countries
that was able to avoid a recession during the Global
Financial Crisis. In 2012 South Korea was 7th largest
exporter as well as importer in the world.
1) Shipbuilding
2) Automobile
3) Mining
4) Construction
5) Tourism
Main sectors of South Korea:-
 Following the korean war, South Korea remained one
of the poorest countries in the world for over a decade.
In 1960 its gross domestic product per capita was $79.
 After World war II, korea has experienced significant
economic growth and it becomes a prime example of
Newly industrialised countries.
 In 1986, manufacturing industries accounted for
approximately 30 percent of the gross domestic
product (GDP) and 25 percent of the work force.
CASE SUMMARY
 For the first half of the 1990s, the south korean
economy continued as a stable and strong growth in
both private consumption and GDP.
 The stable economy change quickly in 1997 with the
ASIAN FINANCIAL CRISIS. But in these crisis IMF
( International Monetary Fund) help the country, and
then 1999,when countries growth rise again, then
president (Kim-dae-jung) declared the country from free
of crisis.
CASE SUMMARY
1)
 Less economic growth
 Poor natural resources
 Low saving rate
 Tiny domestic market.
2)
 FINANCIAL CRISIS / LIQUIDITY CRISIS.
KEY ISSUES
Before 1960s Issue
1990s Issue
1)
 Outward-looking strategy
 Develop competitive advantage
2)
 Support from IMF( International monetary fund)
 Raise many funds from external sources
SOLUTIONS
Solution of 1960s Issue
Solution of 1990s Issue
1) High quality labor
supply.
2) Free from corruption.
1) Support from
International monetary
fund.
2) FDI
1) Poor natural resources.
2) Depend on outsources.
1) More privatisation.
2) Less government control.
SWOT Analysis
Strengths Weaknesses
Opportunities Threats
1) Should try to enhance the agricultural
growth.
2) Must create a balance between
privatistion and political control.
3) Should enhance their internal resources
because its very much helpful in financial
crisis.
4) Should create the reserves for future
fluctuations.
RECOMMENDATIONS
1) As the world moves into 21st century, the
globalisation of the nations has become the major
issue at that time.
2) Every countries wants to move towards the high
technology & higher industrialisation.
3) South korea is the perfect example of a globalised
nation through it shifting emphasis towards rapid
industrialisation, technological innovation .
4) Less government influence also helps the South
Korea’s sustainable economic growth but does not
helpful in financial crisis.
CONCLUSION
CURRENT POSITION
1) Rank in GDP:- 15th
2) Rank in PPP:- 12th
3) Position as a exporter:- 6th
4) Position as a importer:- 8th
1) WWW.Kewpid.com
2) en.wikipedia.org/wiki/economy_of_south_korea
REFRENCES
THANKYOU…

More Related Content

What's hot

Bubble Spotting - The East Asia Currency and Debt crisis of 1997
Bubble Spotting - The East Asia Currency and Debt crisis of 1997Bubble Spotting - The East Asia Currency and Debt crisis of 1997
Bubble Spotting - The East Asia Currency and Debt crisis of 1997Benjamin Van As
 
FDI, economic decline and recovery: lessons from Asian Financial Crisis
FDI, economic decline and recovery: lessons from Asian Financial CrisisFDI, economic decline and recovery: lessons from Asian Financial Crisis
FDI, economic decline and recovery: lessons from Asian Financial CrisisFarhad Hafez
 
Be ppt
Be pptBe ppt
Be pptdomsr
 
Presentation on industrial imbalance in india
Presentation on industrial imbalance in indiaPresentation on industrial imbalance in india
Presentation on industrial imbalance in indiaInderjeet Roy
 
Asian financial crisis 1997
Asian financial crisis   1997Asian financial crisis   1997
Asian financial crisis 1997Sandeep Bhattad
 
East asian crisis
East asian crisisEast asian crisis
East asian crisisDilan Suslu
 
Economy of china and south korea
Economy of china and south koreaEconomy of china and south korea
Economy of china and south koreaAnqur Rauth
 
South east asian crisis
South east asian crisisSouth east asian crisis
South east asian crisisNishant Negi
 
The effect of the economic crisis on egypt
The effect of the economic crisis on egyptThe effect of the economic crisis on egypt
The effect of the economic crisis on egyptMohamed Khalifa
 
Comparsion between Musharaff and nawaz shareef era
Comparsion between Musharaff and nawaz shareef eraComparsion between Musharaff and nawaz shareef era
Comparsion between Musharaff and nawaz shareef eraNofil Khan
 
Asian financial crisis 1997 1998
Asian financial crisis 1997 1998Asian financial crisis 1997 1998
Asian financial crisis 1997 1998vanithaa kumar
 
Pakistan economy
Pakistan economyPakistan economy
Pakistan economySyeda Zehra
 

What's hot (20)

Bubble Spotting - The East Asia Currency and Debt crisis of 1997
Bubble Spotting - The East Asia Currency and Debt crisis of 1997Bubble Spotting - The East Asia Currency and Debt crisis of 1997
Bubble Spotting - The East Asia Currency and Debt crisis of 1997
 
Asian crisis 1997 group-3
Asian crisis 1997 group-3Asian crisis 1997 group-3
Asian crisis 1997 group-3
 
3 nations brief
3 nations brief3 nations brief
3 nations brief
 
Asian crisis 1997
Asian crisis 1997Asian crisis 1997
Asian crisis 1997
 
Asian fianancial crisis
Asian fianancial crisisAsian fianancial crisis
Asian fianancial crisis
 
FDI, economic decline and recovery: lessons from Asian Financial Crisis
FDI, economic decline and recovery: lessons from Asian Financial CrisisFDI, economic decline and recovery: lessons from Asian Financial Crisis
FDI, economic decline and recovery: lessons from Asian Financial Crisis
 
East Asian Crisis
East Asian CrisisEast Asian Crisis
East Asian Crisis
 
Be ppt
Be pptBe ppt
Be ppt
 
Presentation on industrial imbalance in india
Presentation on industrial imbalance in indiaPresentation on industrial imbalance in india
Presentation on industrial imbalance in india
 
Asian financial crisis 1997
Asian financial crisis 1997Asian financial crisis 1997
Asian financial crisis 1997
 
Asian financial crisis 1997
Asian financial crisis   1997Asian financial crisis   1997
Asian financial crisis 1997
 
East asian crisis
East asian crisisEast asian crisis
East asian crisis
 
Economy of USA
Economy of USAEconomy of USA
Economy of USA
 
Economy of china and south korea
Economy of china and south koreaEconomy of china and south korea
Economy of china and south korea
 
South east asian crisis
South east asian crisisSouth east asian crisis
South east asian crisis
 
The effect of the economic crisis on egypt
The effect of the economic crisis on egyptThe effect of the economic crisis on egypt
The effect of the economic crisis on egypt
 
Comparsion between Musharaff and nawaz shareef era
Comparsion between Musharaff and nawaz shareef eraComparsion between Musharaff and nawaz shareef era
Comparsion between Musharaff and nawaz shareef era
 
South korea final
South korea finalSouth korea final
South korea final
 
Asian financial crisis 1997 1998
Asian financial crisis 1997 1998Asian financial crisis 1997 1998
Asian financial crisis 1997 1998
 
Pakistan economy
Pakistan economyPakistan economy
Pakistan economy
 

Viewers also liked

Hd live event webcasting
Hd live event webcastingHd live event webcasting
Hd live event webcastinglivestreaming07
 
CLDJ 2014 Change of Command
CLDJ 2014 Change of CommandCLDJ 2014 Change of Command
CLDJ 2014 Change of CommandDietrichER
 
Learningobject1
Learningobject1Learningobject1
Learningobject1ndeo13
 
How Car's Inadequate Cooling System Causes Vehicular Heatstroke
How Car's Inadequate Cooling System Causes Vehicular HeatstrokeHow Car's Inadequate Cooling System Causes Vehicular Heatstroke
How Car's Inadequate Cooling System Causes Vehicular HeatstrokeJeff's Mercedes Auto Service
 
Ball Segway Robot
Ball Segway RobotBall Segway Robot
Ball Segway RobotMinYeop Na
 
Công ty tổ chức sự kiện khởi công, động thổ chuyên nghiệp nhất tại tp.hcm...
Công ty tổ chức sự kiện khởi công, động thổ chuyên nghiệp nhất tại tp.hcm...Công ty tổ chức sự kiện khởi công, động thổ chuyên nghiệp nhất tại tp.hcm...
Công ty tổ chức sự kiện khởi công, động thổ chuyên nghiệp nhất tại tp.hcm...Công ty Tổ Chức Sự Kiện VietSky
 
Comercio Internacional
Comercio InternacionalComercio Internacional
Comercio Internacionalchistop
 
Final Research Poster
Final Research PosterFinal Research Poster
Final Research PosterJade Harrison
 
Навчальна програма для учнів 5-9 класів
Навчальна програма для учнів 5-9 класівНавчальна програма для учнів 5-9 класів
Навчальна програма для учнів 5-9 класівLesia Gunaza
 
відкрите звернення %281%29
відкрите звернення %281%29відкрите звернення %281%29
відкрите звернення %281%29unian_ua
 
Exi tone cp_2016_light_2
Exi tone cp_2016_light_2Exi tone cp_2016_light_2
Exi tone cp_2016_light_2Ezio Bigotti
 
всесвітній день туризму
всесвітній день туризмувсесвітній день туризму
всесвітній день туризмуOleksandr Ponedilnyk
 
Enquète " NOTRE RELATION AU TEMPS "
Enquète " NOTRE RELATION AU TEMPS "Enquète " NOTRE RELATION AU TEMPS "
Enquète " NOTRE RELATION AU TEMPS "vernier71
 

Viewers also liked (20)

Mileage Myths Debunked
Mileage Myths DebunkedMileage Myths Debunked
Mileage Myths Debunked
 
Hd live event webcasting
Hd live event webcastingHd live event webcasting
Hd live event webcasting
 
CLDJ 2014 Change of Command
CLDJ 2014 Change of CommandCLDJ 2014 Change of Command
CLDJ 2014 Change of Command
 
Learningobject1
Learningobject1Learningobject1
Learningobject1
 
How Car's Inadequate Cooling System Causes Vehicular Heatstroke
How Car's Inadequate Cooling System Causes Vehicular HeatstrokeHow Car's Inadequate Cooling System Causes Vehicular Heatstroke
How Car's Inadequate Cooling System Causes Vehicular Heatstroke
 
Ball Segway Robot
Ball Segway RobotBall Segway Robot
Ball Segway Robot
 
Lazy Acres 2015
Lazy Acres 2015Lazy Acres 2015
Lazy Acres 2015
 
Công ty tổ chức sự kiện khởi công, động thổ chuyên nghiệp nhất tại tp.hcm...
Công ty tổ chức sự kiện khởi công, động thổ chuyên nghiệp nhất tại tp.hcm...Công ty tổ chức sự kiện khởi công, động thổ chuyên nghiệp nhất tại tp.hcm...
Công ty tổ chức sự kiện khởi công, động thổ chuyên nghiệp nhất tại tp.hcm...
 
Comercio Internacional
Comercio InternacionalComercio Internacional
Comercio Internacional
 
Emergency_Preparedness_in_Veterinary_Medicine NYSVMS Ithaca NY 2013
Emergency_Preparedness_in_Veterinary_Medicine NYSVMS Ithaca NY 2013Emergency_Preparedness_in_Veterinary_Medicine NYSVMS Ithaca NY 2013
Emergency_Preparedness_in_Veterinary_Medicine NYSVMS Ithaca NY 2013
 
Final Research Poster
Final Research PosterFinal Research Poster
Final Research Poster
 
Pratyusha US Tax Payroll
Pratyusha US Tax PayrollPratyusha US Tax Payroll
Pratyusha US Tax Payroll
 
Навчальна програма для учнів 5-9 класів
Навчальна програма для учнів 5-9 класівНавчальна програма для учнів 5-9 класів
Навчальна програма для учнів 5-9 класів
 
PenKep ppt
PenKep pptPenKep ppt
PenKep ppt
 
Lazarevac
LazarevacLazarevac
Lazarevac
 
відкрите звернення %281%29
відкрите звернення %281%29відкрите звернення %281%29
відкрите звернення %281%29
 
Exi tone cp_2016_light_2
Exi tone cp_2016_light_2Exi tone cp_2016_light_2
Exi tone cp_2016_light_2
 
всесвітній день туризму
всесвітній день туризмувсесвітній день туризму
всесвітній день туризму
 
Enquète " NOTRE RELATION AU TEMPS "
Enquète " NOTRE RELATION AU TEMPS "Enquète " NOTRE RELATION AU TEMPS "
Enquète " NOTRE RELATION AU TEMPS "
 
Табір живчик
Табір живчикТабір живчик
Табір живчик
 

Similar to Globalisation

Philippine Economy (Post-war to post-Cold war)
Philippine Economy (Post-war to post-Cold war)Philippine Economy (Post-war to post-Cold war)
Philippine Economy (Post-war to post-Cold war)Tine Sabillo
 
IMF as a tool for survival of poor countries (14.12.2022).pptx
IMF as a tool for survival of poor countries (14.12.2022).pptxIMF as a tool for survival of poor countries (14.12.2022).pptx
IMF as a tool for survival of poor countries (14.12.2022).pptxMirjonNikGegvataj
 
South korea the miracle on the han river
South  korea the miracle on the han riverSouth  korea the miracle on the han river
South korea the miracle on the han riverRashidabdullah2014
 
Analysis Of Zimbabwe-International Trade (2006-2016)
Analysis Of Zimbabwe-International Trade (2006-2016)Analysis Of Zimbabwe-International Trade (2006-2016)
Analysis Of Zimbabwe-International Trade (2006-2016)Nicole Heredia
 
Economic development of south korea
Economic development of south koreaEconomic development of south korea
Economic development of south koreaAyeshaKannangara
 
A expansão econômica da China e o seu impacto na economia global - Tomoo Maru...
A expansão econômica da China e o seu impacto na economia global - Tomoo Maru...A expansão econômica da China e o seu impacto na economia global - Tomoo Maru...
A expansão econômica da China e o seu impacto na economia global - Tomoo Maru...Fundação Fernando Henrique Cardoso
 
Underdeveloped economies of the world
Underdeveloped economies of the worldUnderdeveloped economies of the world
Underdeveloped economies of the worldsobia jamil
 
financial crises_jyo 2
financial crises_jyo 2financial crises_jyo 2
financial crises_jyo 2Vivek Agrawal
 
Less Developed Countries
Less Developed CountriesLess Developed Countries
Less Developed CountriesGraeme Eyre
 
[2006.11] Dynamic Korea
[2006.11] Dynamic Korea[2006.11] Dynamic Korea
[2006.11] Dynamic KoreaJeongmuk Kang
 
REPORT ON ‘THE ECONOMIC CRISIS OF INDIA- 1991”
REPORT ON ‘THE ECONOMIC CRISIS OF INDIA- 1991”REPORT ON ‘THE ECONOMIC CRISIS OF INDIA- 1991”
REPORT ON ‘THE ECONOMIC CRISIS OF INDIA- 1991”Ankush Sinha Ray
 
Economic foundation for a successful democracy
Economic foundation for a successful democracyEconomic foundation for a successful democracy
Economic foundation for a successful democracyKeshav Prasad Bhattarai
 
Export Advantages of China (Full version)
Export Advantages of China (Full version) Export Advantages of China (Full version)
Export Advantages of China (Full version) Dinh Tung
 
Towards a new african economy - An analysis by I&P / Investisseurs & Partenaires
Towards a new african economy - An analysis by I&P / Investisseurs & PartenairesTowards a new african economy - An analysis by I&P / Investisseurs & Partenaires
Towards a new african economy - An analysis by I&P / Investisseurs & PartenairesInvestisseurs et Partenaires (I&P)
 
Export-Oriented Industrialization (EOI): Arguments for and Against What Have ...
Export-Oriented Industrialization (EOI): Arguments for and Against What Have ...Export-Oriented Industrialization (EOI): Arguments for and Against What Have ...
Export-Oriented Industrialization (EOI): Arguments for and Against What Have ...Dr.Choen Krainara
 

Similar to Globalisation (20)

Philippine Economy (Post-war to post-Cold war)
Philippine Economy (Post-war to post-Cold war)Philippine Economy (Post-war to post-Cold war)
Philippine Economy (Post-war to post-Cold war)
 
IMF as a tool for survival of poor countries (14.12.2022).pptx
IMF as a tool for survival of poor countries (14.12.2022).pptxIMF as a tool for survival of poor countries (14.12.2022).pptx
IMF as a tool for survival of poor countries (14.12.2022).pptx
 
South korea the miracle on the han river
South  korea the miracle on the han riverSouth  korea the miracle on the han river
South korea the miracle on the han river
 
Analysis Of Zimbabwe-International Trade (2006-2016)
Analysis Of Zimbabwe-International Trade (2006-2016)Analysis Of Zimbabwe-International Trade (2006-2016)
Analysis Of Zimbabwe-International Trade (2006-2016)
 
Lisberth
LisberthLisberth
Lisberth
 
Economic development of south korea
Economic development of south koreaEconomic development of south korea
Economic development of south korea
 
A expansão econômica da China e o seu impacto na economia global - Tomoo Maru...
A expansão econômica da China e o seu impacto na economia global - Tomoo Maru...A expansão econômica da China e o seu impacto na economia global - Tomoo Maru...
A expansão econômica da China e o seu impacto na economia global - Tomoo Maru...
 
globalisation
globalisationglobalisation
globalisation
 
Underdeveloped economies of the world
Underdeveloped economies of the worldUnderdeveloped economies of the world
Underdeveloped economies of the world
 
Hyundai
HyundaiHyundai
Hyundai
 
financial crises_jyo 2
financial crises_jyo 2financial crises_jyo 2
financial crises_jyo 2
 
Less Developed Countries
Less Developed CountriesLess Developed Countries
Less Developed Countries
 
Keynote Address- Prof Robert Wade
Keynote Address- Prof Robert WadeKeynote Address- Prof Robert Wade
Keynote Address- Prof Robert Wade
 
[2006.11] Dynamic Korea
[2006.11] Dynamic Korea[2006.11] Dynamic Korea
[2006.11] Dynamic Korea
 
Globalization
GlobalizationGlobalization
Globalization
 
REPORT ON ‘THE ECONOMIC CRISIS OF INDIA- 1991”
REPORT ON ‘THE ECONOMIC CRISIS OF INDIA- 1991”REPORT ON ‘THE ECONOMIC CRISIS OF INDIA- 1991”
REPORT ON ‘THE ECONOMIC CRISIS OF INDIA- 1991”
 
Economic foundation for a successful democracy
Economic foundation for a successful democracyEconomic foundation for a successful democracy
Economic foundation for a successful democracy
 
Export Advantages of China (Full version)
Export Advantages of China (Full version) Export Advantages of China (Full version)
Export Advantages of China (Full version)
 
Towards a new african economy - An analysis by I&P / Investisseurs & Partenaires
Towards a new african economy - An analysis by I&P / Investisseurs & PartenairesTowards a new african economy - An analysis by I&P / Investisseurs & Partenaires
Towards a new african economy - An analysis by I&P / Investisseurs & Partenaires
 
Export-Oriented Industrialization (EOI): Arguments for and Against What Have ...
Export-Oriented Industrialization (EOI): Arguments for and Against What Have ...Export-Oriented Industrialization (EOI): Arguments for and Against What Have ...
Export-Oriented Industrialization (EOI): Arguments for and Against What Have ...
 

More from Manpreet Kaur

Dhl worldwide express
Dhl worldwide expressDhl worldwide express
Dhl worldwide expressManpreet Kaur
 
Southwest airlines 2008
Southwest airlines 2008Southwest airlines 2008
Southwest airlines 2008Manpreet Kaur
 
Exchange rate risk and interest rate
Exchange rate risk and interest rateExchange rate risk and interest rate
Exchange rate risk and interest rateManpreet Kaur
 
The brita product company
The brita product companyThe brita product company
The brita product companyManpreet Kaur
 
11 how do you grow a premium brand (1)
11 how do you grow a premium brand (1)11 how do you grow a premium brand (1)
11 how do you grow a premium brand (1)Manpreet Kaur
 
The fizz biz coca cola presentation
The fizz biz coca   cola  presentationThe fizz biz coca   cola  presentation
The fizz biz coca cola presentationManpreet Kaur
 
Daimler chrysler ppt new
Daimler chrysler ppt newDaimler chrysler ppt new
Daimler chrysler ppt newManpreet Kaur
 

More from Manpreet Kaur (11)

Opsppt
OpspptOpsppt
Opsppt
 
Dhl worldwide express
Dhl worldwide expressDhl worldwide express
Dhl worldwide express
 
Imc
ImcImc
Imc
 
Google t&d
Google t&dGoogle t&d
Google t&d
 
Southwest airlines 2008
Southwest airlines 2008Southwest airlines 2008
Southwest airlines 2008
 
Exchange rate risk and interest rate
Exchange rate risk and interest rateExchange rate risk and interest rate
Exchange rate risk and interest rate
 
Saurav hospital
Saurav hospitalSaurav hospital
Saurav hospital
 
The brita product company
The brita product companyThe brita product company
The brita product company
 
11 how do you grow a premium brand (1)
11 how do you grow a premium brand (1)11 how do you grow a premium brand (1)
11 how do you grow a premium brand (1)
 
The fizz biz coca cola presentation
The fizz biz coca   cola  presentationThe fizz biz coca   cola  presentation
The fizz biz coca cola presentation
 
Daimler chrysler ppt new
Daimler chrysler ppt newDaimler chrysler ppt new
Daimler chrysler ppt new
 

Recently uploaded

15 Tactics to Scale Your Trade Show Marketing Strategy
15 Tactics to Scale Your Trade Show Marketing Strategy15 Tactics to Scale Your Trade Show Marketing Strategy
15 Tactics to Scale Your Trade Show Marketing StrategyBlue Atlas Marketing
 
The Evolution of Internet : How consumers use technology and its impact on th...
The Evolution of Internet : How consumers use technology and its impact on th...The Evolution of Internet : How consumers use technology and its impact on th...
The Evolution of Internet : How consumers use technology and its impact on th...sowmyrao14
 
2024 WTF - what's working in mobile user acquisition
2024 WTF - what's working in mobile user acquisition2024 WTF - what's working in mobile user acquisition
2024 WTF - what's working in mobile user acquisitionJohn Koetsier
 
Ryanair Marketing and business development Plan
Ryanair Marketing and business development  PlanRyanair Marketing and business development  Plan
Ryanair Marketing and business development Plandrkarimsaber
 
A Comprehensive Guide to Technical SEO | Banyanbrain
A Comprehensive Guide to Technical SEO | BanyanbrainA Comprehensive Guide to Technical SEO | Banyanbrain
A Comprehensive Guide to Technical SEO | BanyanbrainBanyanbrain
 
Digital Marketing Courses In Pune- school Of Internet Marketing
Digital Marketing Courses In Pune- school Of Internet MarketingDigital Marketing Courses In Pune- school Of Internet Marketing
Digital Marketing Courses In Pune- school Of Internet MarketingShauryaBadaya
 
Dave Cousin TW-BERT Good for Users, Good for SEOsBrighton SEO Deck
Dave Cousin TW-BERT Good for Users, Good for SEOsBrighton SEO DeckDave Cousin TW-BERT Good for Users, Good for SEOsBrighton SEO Deck
Dave Cousin TW-BERT Good for Users, Good for SEOsBrighton SEO DeckOban International
 
SEO and Digital PR - How to Connect Your Teams to Maximise Success
SEO and Digital PR - How to Connect Your Teams to Maximise SuccessSEO and Digital PR - How to Connect Your Teams to Maximise Success
SEO and Digital PR - How to Connect Your Teams to Maximise SuccessLiv Day
 
Digital Marketing complete introduction.
Digital Marketing complete introduction.Digital Marketing complete introduction.
Digital Marketing complete introduction.Kashish Bindra
 
Unlocking Passive Income: The Power of Affiliate Marketing
Unlocking Passive Income: The Power of Affiliate MarketingUnlocking Passive Income: The Power of Affiliate Marketing
Unlocking Passive Income: The Power of Affiliate MarketingDaniel
 
How To Become a Master In Search Engine Optimization (SEO)
How To Become a Master In Search Engine Optimization (SEO)How To Become a Master In Search Engine Optimization (SEO)
How To Become a Master In Search Engine Optimization (SEO)Blessings Ngalande
 
Content Marketing: How To Find The True Value Of Your Marketing Funnel
Content Marketing: How To Find The True Value Of Your Marketing FunnelContent Marketing: How To Find The True Value Of Your Marketing Funnel
Content Marketing: How To Find The True Value Of Your Marketing FunnelSearch Engine Journal
 
Miss Immigrant USA Activity Pageant Program.pdf
Miss Immigrant USA Activity Pageant Program.pdfMiss Immigrant USA Activity Pageant Program.pdf
Miss Immigrant USA Activity Pageant Program.pdfMagdalena Kulisz
 
20 Top Social Media Tips for Peer Specialists
20 Top Social Media Tips for Peer Specialists20 Top Social Media Tips for Peer Specialists
20 Top Social Media Tips for Peer Specialistsmlicam615
 
Exploring the Impact of Social Media Trends on Society.pdf
Exploring the Impact of Social Media Trends on Society.pdfExploring the Impact of Social Media Trends on Society.pdf
Exploring the Impact of Social Media Trends on Society.pdfolivalibereo
 
Digital Marketing in 5G Era - Digital Transformation in 5G Age
Digital Marketing in 5G Era - Digital Transformation in 5G AgeDigital Marketing in 5G Era - Digital Transformation in 5G Age
Digital Marketing in 5G Era - Digital Transformation in 5G AgeDigiKarishma
 
Paul Russell Confidential Resume for Fahlo.pdf
Paul Russell Confidential Resume for Fahlo.pdfPaul Russell Confidential Resume for Fahlo.pdf
Paul Russell Confidential Resume for Fahlo.pdfpaul8402
 
top marketing posters - Fresh Spar Technologies - Manojkumar C
top marketing posters - Fresh Spar Technologies - Manojkumar Ctop marketing posters - Fresh Spar Technologies - Manojkumar C
top marketing posters - Fresh Spar Technologies - Manojkumar CManojkumar C
 
Best digital marketing e-book form bignners
Best digital marketing e-book form bignnersBest digital marketing e-book form bignners
Best digital marketing e-book form bignnersmuntasibkhan58
 
Professional Sales Representative by Sahil Srivastava.pptx
Professional Sales Representative by Sahil Srivastava.pptxProfessional Sales Representative by Sahil Srivastava.pptx
Professional Sales Representative by Sahil Srivastava.pptxSahil Srivastava
 

Recently uploaded (20)

15 Tactics to Scale Your Trade Show Marketing Strategy
15 Tactics to Scale Your Trade Show Marketing Strategy15 Tactics to Scale Your Trade Show Marketing Strategy
15 Tactics to Scale Your Trade Show Marketing Strategy
 
The Evolution of Internet : How consumers use technology and its impact on th...
The Evolution of Internet : How consumers use technology and its impact on th...The Evolution of Internet : How consumers use technology and its impact on th...
The Evolution of Internet : How consumers use technology and its impact on th...
 
2024 WTF - what's working in mobile user acquisition
2024 WTF - what's working in mobile user acquisition2024 WTF - what's working in mobile user acquisition
2024 WTF - what's working in mobile user acquisition
 
Ryanair Marketing and business development Plan
Ryanair Marketing and business development  PlanRyanair Marketing and business development  Plan
Ryanair Marketing and business development Plan
 
A Comprehensive Guide to Technical SEO | Banyanbrain
A Comprehensive Guide to Technical SEO | BanyanbrainA Comprehensive Guide to Technical SEO | Banyanbrain
A Comprehensive Guide to Technical SEO | Banyanbrain
 
Digital Marketing Courses In Pune- school Of Internet Marketing
Digital Marketing Courses In Pune- school Of Internet MarketingDigital Marketing Courses In Pune- school Of Internet Marketing
Digital Marketing Courses In Pune- school Of Internet Marketing
 
Dave Cousin TW-BERT Good for Users, Good for SEOsBrighton SEO Deck
Dave Cousin TW-BERT Good for Users, Good for SEOsBrighton SEO DeckDave Cousin TW-BERT Good for Users, Good for SEOsBrighton SEO Deck
Dave Cousin TW-BERT Good for Users, Good for SEOsBrighton SEO Deck
 
SEO and Digital PR - How to Connect Your Teams to Maximise Success
SEO and Digital PR - How to Connect Your Teams to Maximise SuccessSEO and Digital PR - How to Connect Your Teams to Maximise Success
SEO and Digital PR - How to Connect Your Teams to Maximise Success
 
Digital Marketing complete introduction.
Digital Marketing complete introduction.Digital Marketing complete introduction.
Digital Marketing complete introduction.
 
Unlocking Passive Income: The Power of Affiliate Marketing
Unlocking Passive Income: The Power of Affiliate MarketingUnlocking Passive Income: The Power of Affiliate Marketing
Unlocking Passive Income: The Power of Affiliate Marketing
 
How To Become a Master In Search Engine Optimization (SEO)
How To Become a Master In Search Engine Optimization (SEO)How To Become a Master In Search Engine Optimization (SEO)
How To Become a Master In Search Engine Optimization (SEO)
 
Content Marketing: How To Find The True Value Of Your Marketing Funnel
Content Marketing: How To Find The True Value Of Your Marketing FunnelContent Marketing: How To Find The True Value Of Your Marketing Funnel
Content Marketing: How To Find The True Value Of Your Marketing Funnel
 
Miss Immigrant USA Activity Pageant Program.pdf
Miss Immigrant USA Activity Pageant Program.pdfMiss Immigrant USA Activity Pageant Program.pdf
Miss Immigrant USA Activity Pageant Program.pdf
 
20 Top Social Media Tips for Peer Specialists
20 Top Social Media Tips for Peer Specialists20 Top Social Media Tips for Peer Specialists
20 Top Social Media Tips for Peer Specialists
 
Exploring the Impact of Social Media Trends on Society.pdf
Exploring the Impact of Social Media Trends on Society.pdfExploring the Impact of Social Media Trends on Society.pdf
Exploring the Impact of Social Media Trends on Society.pdf
 
Digital Marketing in 5G Era - Digital Transformation in 5G Age
Digital Marketing in 5G Era - Digital Transformation in 5G AgeDigital Marketing in 5G Era - Digital Transformation in 5G Age
Digital Marketing in 5G Era - Digital Transformation in 5G Age
 
Paul Russell Confidential Resume for Fahlo.pdf
Paul Russell Confidential Resume for Fahlo.pdfPaul Russell Confidential Resume for Fahlo.pdf
Paul Russell Confidential Resume for Fahlo.pdf
 
top marketing posters - Fresh Spar Technologies - Manojkumar C
top marketing posters - Fresh Spar Technologies - Manojkumar Ctop marketing posters - Fresh Spar Technologies - Manojkumar C
top marketing posters - Fresh Spar Technologies - Manojkumar C
 
Best digital marketing e-book form bignners
Best digital marketing e-book form bignnersBest digital marketing e-book form bignners
Best digital marketing e-book form bignners
 
Professional Sales Representative by Sahil Srivastava.pptx
Professional Sales Representative by Sahil Srivastava.pptxProfessional Sales Representative by Sahil Srivastava.pptx
Professional Sales Representative by Sahil Srivastava.pptx
 

Globalisation

  • 1. :South korea (1960s to 2000s) Submitted by- • Priyanka Bajaj – A01 • Pushpinder Sandhu – A02 • Amanjoot- A03 • Varnika –A04 Submitted to:- Makhmoor Bashir
  • 2. South korea is one of the world’s wealthiest nation. It is a developed country, with a developed market and high-income economy. South Korea was one of the world’s fastest growing economies from the early 1960s to the 1990s and it is still one of the fastest growing developed countries in the 2000s. Rank according to GDP:- 15th Rank according to PPP:- 12th South korea’s economic ranking South Korea is member of organization for economic co- operation and development (OECD) and the G-20 major economies.
  • 3. South Korea was one of the few developed countries that was able to avoid a recession during the Global Financial Crisis. In 2012 South Korea was 7th largest exporter as well as importer in the world. 1) Shipbuilding 2) Automobile 3) Mining 4) Construction 5) Tourism Main sectors of South Korea:-
  • 4.  Following the korean war, South Korea remained one of the poorest countries in the world for over a decade. In 1960 its gross domestic product per capita was $79.  After World war II, korea has experienced significant economic growth and it becomes a prime example of Newly industrialised countries.  In 1986, manufacturing industries accounted for approximately 30 percent of the gross domestic product (GDP) and 25 percent of the work force. CASE SUMMARY
  • 5.  For the first half of the 1990s, the south korean economy continued as a stable and strong growth in both private consumption and GDP.  The stable economy change quickly in 1997 with the ASIAN FINANCIAL CRISIS. But in these crisis IMF ( International Monetary Fund) help the country, and then 1999,when countries growth rise again, then president (Kim-dae-jung) declared the country from free of crisis. CASE SUMMARY
  • 6. 1)  Less economic growth  Poor natural resources  Low saving rate  Tiny domestic market. 2)  FINANCIAL CRISIS / LIQUIDITY CRISIS. KEY ISSUES Before 1960s Issue 1990s Issue
  • 7. 1)  Outward-looking strategy  Develop competitive advantage 2)  Support from IMF( International monetary fund)  Raise many funds from external sources SOLUTIONS Solution of 1960s Issue Solution of 1990s Issue
  • 8. 1) High quality labor supply. 2) Free from corruption. 1) Support from International monetary fund. 2) FDI 1) Poor natural resources. 2) Depend on outsources. 1) More privatisation. 2) Less government control. SWOT Analysis Strengths Weaknesses Opportunities Threats
  • 9. 1) Should try to enhance the agricultural growth. 2) Must create a balance between privatistion and political control. 3) Should enhance their internal resources because its very much helpful in financial crisis. 4) Should create the reserves for future fluctuations. RECOMMENDATIONS
  • 10. 1) As the world moves into 21st century, the globalisation of the nations has become the major issue at that time. 2) Every countries wants to move towards the high technology & higher industrialisation. 3) South korea is the perfect example of a globalised nation through it shifting emphasis towards rapid industrialisation, technological innovation . 4) Less government influence also helps the South Korea’s sustainable economic growth but does not helpful in financial crisis. CONCLUSION
  • 11. CURRENT POSITION 1) Rank in GDP:- 15th 2) Rank in PPP:- 12th 3) Position as a exporter:- 6th 4) Position as a importer:- 8th