GET THE APP
South Korea, an East Asian nation on the southern half of the Korean Peninsula, shares some of the world’s most heavily militarized borders with North Korea. It’s equally identified for its inexperienced, hilly nation-state dotted with cherry bushes and centuries-historical Buddhist temples, plus its coastal fishing villages, tropical islands and high-tech cities akin to Seoul, the capital.
South Korea occupies the southern component to the Korean Peninsula, which extends some 680 miles (1,100 km) from the Asian mainland. This mountainous peninsula is flanked via the Yellow Sea to the west, and the Sea of Japan (East Sea) to the east. Its southern tip lies on the Korea Strait and the East China Sea. The country's area is 38,462.49 square miles or 99,617.38 square kilometers. South Korea can be divided into four general regions: an eastern region of high mountain ranges and narrow coastal plains; a western region of broad coastal plains, river basins, and rolling hills; a southwestern region of mountains and valleys; and a southeastern region dominated by the broad basin of the Nakdong River.
Over the last 5 years, South Korea’s economic system has charted consistent, uninterrupted progress in monetary freedom. Latest reforms have put better emphasis on enhancing regulatory efficiency and ensuring a higher function for small and medium-dimension agencies in the economy. South Korea’s dynamic private sector, bolstered by means of a good-trained, difficult-working labor drive, continues to capitalize on the nation’s openness to global trade and funding.
Despite the challenging international economic development, the overall soundness of South Korea’s public finance has been well maintained. The independent judicial system upholds the rule of law effectively, but corruption continues to undermine confidence and trust in political institutions. South Korea’s average tariff rate is 7.7 percent. Foreign investment levels in many sectors are capped. Most of the state-owned enterprises are active in the economy. The financial sector has become more competitive, although start-ups are struggling to obtain finance. The banking sector remains largely stable. South Korea punches far above its weight when it comes to spending on innovation. In 2012, Korea spent 4.4% of GDP on research and development. That’s the highest among the developed nations tracked by OECD, the Paris-based rich nation think tank. The private sector is a key in economy. Private-sector R&D spending is up 35% between 2008 and 2011, and has more than doubled since 2003.South Korea replaced Israel as the leader on a percentage basis, spending 4.36% of its GDP on Research & Development in 2014. Research on Informatics is well explained in universities like University of Seoul, Seoul National University, Korea University.
South Korea research papers based on informatics make up 17.8% of the world’s most highly cited research papers (with over 1,000 citations) yet the South Korea spends only 3% of the world’s total expenditure on scientific research and development. 9244 Research articles have been published so far from 2010.There have been numerous lists of informatics journals in South Korea such as South Korea Journal of Informatics and many other South Korea informatics journals which are running with good number of articles and good reputation and some other journals like Informatics Journals of South Korea.