Healthcare of South Korea

2021 ◽  
pp. 68-74
Author(s):  
Elena Vladimirovna Frolova
Keyword(s):  
South Korea ◽  
Korean War ◽  
Health Sector ◽  
Medical Insurance ◽  
Developed Countries ◽  
Republic Of Korea ◽  
Japanese Empire ◽  
Economic Progress ◽  
Charitable Foundations ◽  
The Republic

South Korea is one of the most developed Asian states, located in the northeastern part of the Asian continent. This country has a powerful economy and highly developed industry, being one of the world's major suppliers of computer technology. Korean statehood traces its history from the 4th-3rd centuries BC, when the country was under the control of the Japanese Empire. As a result of the Second World War, Korea was divided into the northern part, controlled by the USSR, and the southern part, under US patronage. The Republic of Korea was founded on August 15, 1948, after which the Democratic People's Republic of Korea (better known as North Korea) was proclaimed on the territory of the Soviet zone on September 9. The subsequent Korean War, which lasted for three years (1950-1953), only consolidated the division of the country. Over the 70 years of its existence, South Korea has achieved tremendous economic progress, and the changes could not but affect the health sector. Despite the fact that compared to other highly developed countries, South Korea spends not so much on the development of medicine — about 7.6 % of GDP, this figure is slowly but steadily growing. More than half of the capital that goes to meet the needs of the healthcare system is of private origin. In addition to compulsory medical insurance, which covers 96 % of the country's population, non-state sources of funding include the system of voluntary medical insurance, payment for treatment received, as well as funds from charitable foundations. On average, each Korean spends about 5 % of their income on healthcare annually.

scholarly journals Flaws of Article 9, 10, and 26 of the Criminal Act in South Korea and Possible Solutions

2020 ◽  
Vol 11 ◽  
pp. 104-114
Author(s):  
Chaerin Kang
Keyword(s):  
South Korea ◽  
Research Paper ◽  
Republic Of Korea ◽  
Article 9 ◽  
The Law ◽  
The Republic

The purpose of this research paper is to underline a few of the problematic articles of the Criminal Act in Korea and suggest possible solutions. In the Republic of Korea, three criminal elements—Applicability of Constituent Requirements, Criminal Defences, and the Principle of Responsibility—must be proven to convict a defendant. When a perpetrator does not meet all three criminal elements, they are protected by particular articles of the Criminal Act such as Articles 9, 10, and 26. These articles guarantee citizens' right to decide their own actions accordingly and provide an opportunity for improvement by reducing the punishment. All three articles of the Criminal Act reflect positive intentions embedded in the law. However, the articles' flaws have begun to cause the perpetrators to exploit the law and disdain Korea's Criminal Act. Thus, this paper aims to consider the Criminal Act's malfunctions, especially within Article 9, 10, and 26, and suggest possible solutions to improve its shortages.    

scholarly journals Formation and development of the “Soft power” strategy of the Republic of Korea

2020 ◽  
Vol 70 (2) ◽  
pp. 9-14
Author(s):  
F.Zh. Borantayeva ◽  
◽  
K.Sh. Baisultanova ◽  
Keyword(s):  
South Korea ◽  
Soft Power ◽  
Republic Of Korea ◽  
Historical Aspects ◽  
Indirect Influence ◽  
The Republic ◽  
Theoretical Foundations

Nowadays indirect influence from other countries is becoming commonplace. This article discusses the features of the formation and development of the strategy of "soft power" in South Korea. The authors analyzed the theoretical foundations of “soft power” and the historical aspects of its formation and disclosure of the essence of this policy in South Korea.

National Report for the Republic of Korea (South Korea)

2012 ◽  
Keyword(s):  
Financial Crisis ◽  
South Korea ◽  
Republic Of Korea ◽  
Asian Countries ◽  
National Report ◽  
Legislative Framework ◽  
The Republic ◽  
Insolvency Proceedings

The legislative framework for insolvency, namely the Corporate Reorganisation Act, the Composition Act, and the Bankruptcy Act, was introduced in 1962. Until the financial crisis struck Korea and other Asian countries in 1997, however, for several reasons, insolvency proceedings were hardly used by debtors. Cases were mostly settled through private arrangements between the debtor and the creditor, and only a handful of cases went to court.

4. From colony to competing states

2020 ◽  
pp. 69-86
Author(s):  
Michael J. Seth
Keyword(s):  
Soviet Union ◽  
Korean War ◽  
The United States ◽  
Republic Of Korea ◽  
Political Systems ◽  
The Soviet Union ◽  
The Korean War ◽  
Japanese Colonial ◽  
The Republic ◽  
Second World

As the Second World War came to an end, most Koreans hoped that their nation would be an independent and prosperous state. ‘From colony to competing states’ shows that, instead, events took an unexpected turn. Korea became both free of Japanese colonial rule and simultaneously partitioned into two occupation zones by the United States and the Soviet Union. From these zones, two separate states were created: the Republic of Korea and the Democratic People’s Republic of Korea; two societies with different leaderships, political systems, and geopolitical orientations. When North Korea attempted to reunify the country in 1950, foreign powers again intervened resulting in the Korean War, a costly conflict that left the peninsula still divided.

scholarly journals The Strategy of South Korea in the Global Oil Market

Energies ◽  
2020 ◽  
Vol 13 (10) ◽  
pp. 2491
Author(s):  
Jaehyung An ◽  
Alexey Mikhaylov ◽  
Sang-Uk Jung
Keyword(s):  
South Korea ◽  
Republic Of Korea ◽  
Political Climate ◽  
South Korean ◽  
Oil Market ◽  
The North ◽  
Cooperation Strategy ◽  
The Russian Federation ◽  
Oil Sector ◽  
The Republic

The paper analyzes South Korea’s strategy in the global oil market. South Korean oil cooperation is characterized by the creation or termination of joint projects in the oil sector, as well as the Republic of Korea’s national project for the diversification of state-energy suppliers. Oil cooperation currently has great potential, and the conditions that have developed at the highest level allow open discussions about positive dynamics for short-term and medium-term prospects in the field of oil cooperation. The analysis presented here includes export and import connections in the oil market. The authorities of the current administration of the Republic of Korea have adopted a new political stance towards the north, in accordance with which the state is actively developing and establishing relations with the Democratic People’s Republic of Korea (DPRK) and the Russian Federation. In the coming years, South Korea aims to renew and revise potential projects in the field of oil cooperation. The main result of this is that the political climate of the Republic of Korea is currently concentrated on the development of an oil cooperation strategy.

16 National Report for the Republic of Korea (South Korea)

2016 ◽  
Author(s):  
Oh Soogeun ◽  
Kim Kyungjin
Keyword(s):  
South Korea ◽  
Republic Of Korea ◽  
National Report ◽  
Participation Rights ◽  
The Law ◽  
The Republic ◽  
Insolvency Proceedings

This chapter discusses the law on creditor claims in South Korea. Under South Korea’s Debtor Rehabilitation and Bankruptcy Act (DRBA), insolvency claims are classified into secured, unsecured, and administration claims. Unsecured claims are divided according to their level of priority. As administration claims can be paid on maturity without being impaired in the insolvency proceedings, a principal concern is determining whether or not a certain claim is an administration claim. The 2009 amendment to the DRBA gave new loans borrowed under the court’s permission a kind of priority to be paid before other common benefit claims in cases where a company’s property is insufficient to pay all common benefit claims. The chapter then deals with insolvency claims, administration claims, and non-enforceable claims in turn. Each section covers: the definition and scope of the claim; rules for submission, verification, and satisfaction or admission of claims; ranking of claims; and voting and other participation rights in insolvency proceedings.

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