South Korea, an East Asian nation on the southern half of the Korean Peninsula, shares one of the world’s most heavily militarized borders with North Korea. It’s equally known for its green, hilly countryside dotted with cherry trees and centuries-old Buddhist temples, plus its coastal fishing villages, tropical islands and high-tech cities such as Seoul, the capital. South Korea is a member of the Organization for Economic Co-operation and Development (OECD) and the G-20 major economies.
South Korea has a market economy that ranks 11th in the world by nominal GDP and 13th by purchasing power parity (PPP). It is a developed country, with a developed market and a high-income economy. South Korea is the only developed country included in the group of Next Eleven countries. South Korea had one of the world's fastest growing economies from the early 1960s to the late 1990s, and remains one of the fastest growing developed countries in the 2000s.The country is pioneer in advanced research in electronics, machinery, biomedical devices, computer science, mathematics, robotics and medical sciences. After all, mathematics was regarded not as a deductive study, but as an inductive one.
South Korea’s long-term economic ambitions are now solidly anchored in a range of state-driven scientific R&D programs, and are generously funded by both the private and public sectors. A major part of South Korea’s scientific development strategy was the creation in 1999 of the “21st Century Frontier R&D program”, launched as part of a national plan called the “Long-term Vision for Science and Technology Development toward 2025.” Numerous Mathematics journals are published from South Korea with good reputation. Several leading Institution in the country including Universities in South Korea,Seoul National University, KAIST – Korea Advanced Institute of Science & Technology and others are spearheading the medical research).Various mathematics related journlas are published form South Korea.