South Korea is officially known as the Republic of Korea.
South Korea was formally proclaimed on August 15 in the year of 1948.
South Korea forms the southern part of the Korean peninsula. There was no division between the South and North Korea till 1945. Korea existed as a single unit before the year of 1945. The citizens of Korea had many tragic experiences of wars. Korea had been invaded many times by China and Japan. Korea was occupied by the Japanese from 1910 to 1945. Even after independence and the birth of
South Korea, the citizens of
South Korea had sleepless nights owing to the devastating Korean War from 1950 to 1953.
The Korean War had an obvious effect on the economy of
South Korea. The politics of
South Korea was unstable as well.
South Korea experienced decades of authoritarian Government that led to frequent changes of the Constitution. At last
South Korea gained a political stability with the official embrace of the Americanized democracy. But the stability did not come in a whisker. It was finally that the
Presidential election Act of 1987 brought some relief to the citizens of
South Korea. With the regulation of this Act, the President's election was held peacefully. The President's election started operating from that period. The Sixth Constitution was established in 1987 that brought peace to the citizens as well as the stability of
South Korea economy. For the last two decades,
South Korea carries on with a multi-party democracy.
South Korea has earned fame in the international arena for being the host of 1988 Summer Olympics and 2002 World Cup Soccer Tournament.
