Federation Of Korean Trade Unions
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Federation Of Korean Trade Unions
The Federation of Korean Trade Unions (FKTU) is a national trade union center in South Korea formed in 1960. It represents the company union tendency of the South Korean labour movement, as opposed to the more militant Korean Confederation of Trade Unions (KCTU). After the May 16 coup in 1961, the Park Chung-hee regime dissolved the General Federation of Korean Trade Unions and its affiliates. The FKTU was placed under the guidance of the military authorities. The FKTU was the sole legal trade union center in South Korea until the KCTU was finally recognized in November 1999. The Korean Government previously considered the KCTU as a terrorist organisation. The FKTU is affiliated with the International Trade Union Confederation.Unionization ra ...
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South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. South Korea claims to be the sole legitimate government of the entire peninsula and List of islands of South Korea, adjacent islands. It has a Demographics of South Korea, population of 51.75 million, of which roughly half live in the Seoul Capital Area, the List of metropolitan areas by population, fourth most populous metropolitan area in the world. Other major cities include Incheon, Busan, and Daegu. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Its Gojoseon, first kingdom was noted in Chinese records in the early 7th century BCE. Following the unification of the Three Kingdoms of Korea into Unified Silla, Silla and Balhae in the ...
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Park Chung-hee
Park Chung-hee (, ; 14 November 1917 – 26 October 1979) was a South Korean politician and army general who served as the dictator of South Korea from 1961 until his assassination in 1979; ruling as an unelected military strongman from 1961 to 1963, then as the third President of South Korea from 1963 to 1979. Before his presidency, he was the second-highest ranking officer in the South Korean army and came to power after leading a military coup in 1961, which brought an end to the interim government of the Second Republic. After serving for two years as chairman of the military junta, he was elected president in 1963, ushering in the Third Republic. During his rule, Park began a series of economic reforms that eventually led to rapid economic growth and industrialization, now known as the Miracle on the Han River, giving South Korea one of the fastest growing national economies during the 1960s and 1970s, albeit with costs to economic inequality and labor rights. This e ...
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Trade Unions Established In 1960
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct exchange of goods and services for other goods and services, i.e. trading things without the use of money. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and letter of credit, paper money, and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade. In one modern view, trade exists due to specialization and the division of labour, a predominant form of economic activity in which individuals and groups concentrate on a small aspect of production, but use their output in trades for other products ...
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National Trade Union Centers Of South Korea
National may refer to: Common uses * Nation or country ** Nationality – a ''national'' is a person who is subject to a nation, regardless of whether the person has full rights as a citizen Places in the United States * National, Maryland, census-designated place * National, Nevada, ghost town * National, Utah, ghost town * National, West Virginia, unincorporated community Commerce * National (brand), a brand name of electronic goods from Panasonic * National Benzole (or simply known as National), former petrol station chain in the UK, merged with BP * National Car Rental, an American rental car company * National Energy Systems, a former name of Eco Marine Power * National Entertainment Commission, a former name of the Media Rating Council * National Motor Vehicle Company, Indianapolis, Indiana, USA 1900-1924 * National Supermarkets, a defunct American grocery store chain * National String Instrument Corporation, a guitar company formed to manufacture the first resonator gui ...
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Trade Unions In South Korea
The Ministry of Employment and Labor announced on December 30 2021 that as of 2020, 14.2% of workers were in trade unions in South Korea, a 1.7% increase from 12.5% in 2019. Korea's unionization rate peaked in 1989 at 19.8% and fell to 10% 2004.FKTU becomes S. Korea's biggest umbrella union in 2020: gov't
''yonhap news'', December 30 2021.
There are two s in South Korea: the Federation of Korean Trade Unions (FKTU) and the

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Economy Of South Korea
The economy of South Korea is a highly developed mixed economy. By nominal GDP, it has the 5th largest economy in Asia and the 13th largest in the world. South Korea is notable for its rapid economic development from an underdeveloped nation to a developed, high-income country in a few generations. This economic growth has been described as the Miracle on the Han River, which has allowed it to join OECD and the G-20. South Korea still remains one of the fastest growing developed countries in the world, following the Great Recession. It is included in the group of Next Eleven countries as having the potential to play a dominant role in the global economy by the middle of the 21st century. South Korea's education system and the establishment of a motivated and educated populace is largely responsible for spurring the country's high technology boom and economic development. South Korea began to adapt an export-oriented economic strategy to fuel its economy. In 2019, South Kor ...
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Politics Of South Korea
The politics of the Republic of Korea take place in the framework of a presidential representative democratic republic, whereby the president is the head of state, and of a multi-party system. The government exercises executive power and legislative power is vested in both the government and the National Assembly. The judiciary is independent of the executive and the legislature and comprises a Supreme Court, appellate courts, and a Constitutional Court. Since 1948, the constitution has undergone five major revisions, each signifying a new republic. The current Sixth Republic began with the last major constitutional revision in 1987. National government Executive branch , President , Yoon Suk-yeol , People Power Party , 10 May 2022 , - , Prime Minister , Han Duck-soo , Independent , 22 May 2022 The head of state is the president, who is elected by direct popular vote for a single five-year term. The president is Commander-in-Chief of the Republic of Korea Armed Forc ...
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May 16 Coup
The May 16 military coup d'état () was a military coup d'état in South Korea in 1961, organized and carried out by Park Chung-hee and his allies who formed the Military Revolutionary Committee, nominally led by Army Chief of Staff Chang Do-yong after the latter's acquiescence on the day of the coup. The coup rendered powerless the democratically elected government of Prime Minister Chang Myon and President Yun Posun, and ended the Second Republic, installing a reformist military Supreme Council for National Reconstruction effectively led by Park, who took over as chairman after General Chang's arrest in July. The coup was instrumental in bringing to power a new developmentalist elite and in laying the foundations for the rapid industrialization of South Korea under Park's leadership, but its legacy is controversial for the suppression of democracy and civil liberties it entailed, and the purges enacted in its wake. Termed the "May 16 Military Revolution" by Park and his al ...
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International Trade Union Confederation
The International Trade Union Confederation (ITUC); german: Internationaler Gewerkschaftsbund (IGB), link=no; es, Confederación Sindical Internacional (CSI), link=no. is the world's largest trade union federation. History The federation was formed on 1 November 2006 out of the merger of the International Confederation of Free Trade Unions The International Confederation of Free Trade Unions (ICFTU) was an international trade union. It came into being on 7 December 1949 following a split within the World Federation of Trade Unions (WFTU), and was dissolved on 31 October 2006 when ... (ICFTU) and the World Confederation of Labour (WCL). The Founding Congress of the ITUC was held in Vienna and was preceded by the dissolution congresses of both the ICFTU and the WCL. The ITUC has three main regional organizations: the ITUC-Asia Pacific, Asia-Pacific Regional Organization, the Trade Union Confederation of the Americas, and the ITUC-Africa, African Regional Organisation. The ...
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Korean Confederation Of Trade Unions
The Korean Confederation of Trade Unions (KCTU), literally translated as National Democratic Confederation of Trade Unions, also known as Minju-nochong ( ko, 민주노총; acronym for ''KCTU'' in Korean language) is a national trade union centre in South Korea officially established in 1995. Its predecessor was the National Council of Trade Unions (NCTU), established in 1990 as an independent, democratically operated alternative to the Federation of Korean Trade Unions. Following the 2016–17 South Korean protests (Candlelight Demonstrations), the KCTU has seen accelerated growth in union enrollment, reaching 1,134,056 members in 2020 and making it the second largest industrial union confederation in Korea. Background After the liberation from Japanese rule in 1945, and Park Chung-hee's subsequent coup d'état in 1961, there existed only one legal trade union federation in Korea, the Federation of Korean Trade Unions (FKTU). Park's regime was truly authoritarian, and suppre ...
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Labour Movement
The labour movement or labor movement consists of two main wings: the trade union movement (British English) or labor union movement (American English) on the one hand, and the political labour movement on the other. * The trade union movement (trade unionism) consists of the collective organisation of working people developed to represent and campaign for better working conditions and treatment from their employers and, by the implementation of labour and employment laws, from their governments. The standard unit of organisation is the trade union. * The political labour movement in many countries includes a political party that represents the interests of employees, often known as a " labour party" or " workers' party". Many individuals and political groups otherwise considered to represent ruling classes may be part of, and active in, the labour movement. The labour movement developed as a response to the industrial capitalism of the late 18th and early 19th centuries, at a ...
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