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Economic Inequality In South Korea
South Korea was the 5th most equal country in the world in 2019, however economic inequality is growing. According to data from 2010, low-income earners (those earning 12 million won or less) make up 37.8% of South Korea's labour force. Conversely, the highest income earners (those earning 100 million won or more) make up 1.4% of the labour force. Current situation Among other countries in OECD, South Korea performs relatively well when considering indicators such as the Gini coefficient and Palma ratio, especially when limiting the comparison to countries with similar populations. However, income polarization (the income gap) has not eased since the IMF stimulus, and thus is becoming more serious as of 2018. In 2014, the poverty gap index was 39%, which ranked third overall among OECD countries. According to Wells X, the nation's top-tier 1390 people monopolize assets worth around 270 trillion won, comparable to the national budget. In 2020, the COVID-19 pandemic has exac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sweden
Sweden, formally the Kingdom of Sweden,The United Nations Group of Experts on Geographical Names states that the country's formal name is the Kingdom of SwedenUNGEGN World Geographical Names, Sweden./ref> is a Nordic country located on the Scandinavian Peninsula in Northern Europe. It borders Norway to the west and north, Finland to the east, and is connected to Denmark in the southwest by a bridgetunnel across the Öresund. At , Sweden is the largest Nordic country, the third-largest country in the European Union, and the fifth-largest country in Europe. The capital and largest city is Stockholm. Sweden has a total population of 10.5 million, and a low population density of , with around 87% of Swedes residing in urban areas in the central and southern half of the country. Sweden has a nature dominated by forests and a large amount of lakes, including some of the largest in Europe. Many long rivers run from the Scandes range through the landscape, primarily ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Problem Gambling
Problem gambling or ludomania is repetitive gambling behavior despite harm and negative consequences. Problem gambling may be diagnosed as a mental disorder according to ''DSM-5'' if certain diagnostic criteria are met. Pathological gambling is a common disorder associated with social and family costs. The ''DSM-5'' has re-classified the condition as an addictive disorder, with those affected exhibiting many similarities to those with substance addictions. The term ''gambling addiction'' has long been used in the recovery movement. Pathological gambling was long considered by the American Psychiatric Association to be an impulse-control disorder rather than an addiction. However, data suggest a closer relationship between pathological gambling and substance use disorders than exists between PG and obsessive-compulsive disorder, mainly because the behaviors in problem gambling and most primary substance use disorders (i.e., those not resulting from a desire to " self-medicate" fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Mobility
Social mobility is the movement of individuals, families, households or other categories of people within or between social strata in a society. It is a change in social status relative to one's current social location within a given society. This movement occurs between layers or tiers in an open system of social stratification. Open stratification systems are those in which at least some value is given to achieved status characteristics in a society. The movement can be in a ''downward'' or ''upward'' direction. Markers for social mobility such as education and class, are used to predict, discuss and learn more about an individual or a group's mobility in society. Typology Mobility is most often quantitatively measured in terms of change in economic mobility such as changes in income or wealth. Occupation is another measure used in researching mobility which usually involves both quantitative and qualitative analysis of data, but other studies may concentrate on social ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Parasite (2019 Film)
''Parasite'' () is a 2019 South Korean black comedy thriller film directed by Bong Joon-ho, who co-wrote the screenplay with Han Jin-won and co-produced the film. The film, starring Song Kang-ho, Lee Sun-kyun, Cho Yeo-jeong, Choi Woo-shik, Park So-dam, Jang Hye-jin, Park Myung-hoon, and Lee Jung-eun, follows a poor family who scheme to become employed by a wealthy family and infiltrate their household by posing as unrelated, highly qualified individuals. The script is based on Bong's source material from a play written in 2013. He later adapted it into a fifteen-page film draft, and it was split into three different drafts by Jin-won. Bong stated that he took inspiration from the 1960 Korean film '' The Housemaid'', and also from the Christine and Léa Papin incident in the 1930s to write the film's screenplay. Filming began in May 2018 and completed that September. The technical crew comprised cinematographer Hong Kyung-pyo, film editor Yang Jin-mo, and composer Jung Jae ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Xinhua News Agency
Xinhua News Agency (English pronunciation: )J. C. Wells: Longman Pronunciation Dictionary, 3rd ed., for both British and American English, or New China News Agency, is the official state news agency of the People's Republic of China. Xinhua is a ministry-level institution subordinate to the State Council and is the highest ranking state media organ in China. Xinhua is a publisher as well as a news agency. Xinhua publishes in multiple languages and is a channel for the distribution of information related to the Chinese government and the ruling Chinese Communist Party (CCP). Its headquarters in Beijing are located close to the central government's headquarters at Zhongnanhai. Xinhua tailors its pro-Chinese government message to the nuances of each audience. Xinhua has faced criticism for spreading propaganda and disinformation and for criticizing people, groups, or movements critical of the Chinese government and its policies. History The predecessor to Xinhua was the R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
COVID-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused more than cases and confirmed deaths, making it one of the deadliest in history. COVID-19 symptoms range from undetectable to deadly, but most commonly include fever, dry cough, and fatigue. Severe illness is more likely in elderly patients and those with certain underlying medical conditions. COVID-19 transmits when people breathe in air contaminated by droplets and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Countries By Wealth Inequality
This is a list of countries by distribution of wealth, including Gini coefficients. Wealth distribution can vary greatly from income distribution in a country (see List of countries by income equality). Higher Gini coefficients signify greater inequality in wealth distribution, with 0 being complete equality, whereas a value near 1 can arise in a situation where everybody has zero wealth except a very small minority. It is also important to note, however, that Wealth Inequality measurements can greatly vary based on the quality of data presented. Countries that have high-quality wealth taxes and honest reporting from financial institutions, such as the Netherlands and Norway, tend to have more reliable wealth inequality statistics. List The table below is for 2018. The GDP data is based on data from the World Bank. The population data is based on data from the UN. The Wealth Gini coefficients from 2008 are based on a ''working paper'' published by the National Bureau of Economi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Moon Jae-in
Moon Jae-in (; ; born 24 January 1953) is a South Korean former politician, civil servant and lawyer who served as the 12th president of South Korea between 2017 and 2022. Prior to his presidency, he served as Senior Secretary for Civil Affairs and Chief of Staff to President Roh Moo-hyun, Member of the National Assembly, and Leader of the Democratic Party of Korea. Born to North Korean refugees of House of Moon in Hamhung, Moon was raised in poverty in the southern port city of Busan. He excelled in school and studied law at Kyung Hee University. He became a lawyer and later involved in human rights activism with Roh Moo-hyun. He was imprisoned for organizing a protest against the Yushin Constitution. As a result of his work in human rights law, Moon was chosen to be the campaign manager for his longtime mentor Roh Moo-hyun in his successful bid for the 2002 presidential election. He served in Roh's administration in various official capacities. In 2012, Moon was a candidate for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Poverty Gap Index
The poverty gap index is a measure of the intensity of poverty. It is defined as the average poverty gap in the population as a proportion of the poverty line. The poverty gap index is an improvement over the poverty measure head count ratio which simply counts all the people below a poverty line, in a given population, and considers them equally poor. Poverty gap index estimates the depth of poverty by considering how far, on the average, the poor are from that poverty line. Definition The poverty gap index sometimes referred to as poverty gap ratio or pg index is defined as average of the ratio of the poverty gap to the poverty line. It is expressed as a percentage of the poverty line for a country or region. Significance The most common method measuring and reporting poverty is the head count ratio, given as the percentage of population that is below the poverty line. For example, ''The New York Times'' in July 2012 reported the poverty head count ratio as 11.1% of American p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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