Marker Research Korea

South Korea has seen a robust economic growth in recent years, having ranked 15th in the world by nominal GDP and 12th by purchasing power parity (PPP), as well as having been identified as one of the G-20 major economies. It is recognized as one of the Asian Tigers, and is a high-income developed country with a developed market.

Having almost no natural resources, and a population of approximately 50 million people, South Korea has had to adapt an export-oriented economic strategy to fuel its economy. As a result, in 2011, South Korea was ranked as the 11th largest exporter driven by fast growing demand for made-in-Korea high-tech products including semiconductors and automobiles. Despite the 1997 Asian Financial Crisis that caused South Korea to suffer national bankruptcy, the nation was still commended for its resilience against various economic crises, citing low state debt and high fiscal reserves that were available for mobilization mobilized to address any further unexpected financial emergencies.

Homepage : Market Research Korea Consultancy Firm