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Compare Monaco (2001) - Korea, South (2006)

Compare Monaco (2001) z Korea, South (2006)

 Monaco (2001)Korea, South (2006)
 MonacoKorea, South
Administrative divisions none; there are no first-order administrative divisions as defined by the US Government, but there are four quarters (quartiers, singular - quartier); Fontvieille, La Condamine, Monaco-Ville, Monte-Carlo 9 provinces (do, singular and plural) and 7 metropolitan cities (gwangyoksi, singular and plural)


provinces: Cheju-do, Cholla-bukto (North Cholla), Cholla-namdo (South Cholla), Ch'ungch'ong-bukto (North Ch'ungch'ong), Ch'ungch'ong-namdo (South Ch'ungch'ong), Kangwon-do, Kyonggi-do, Kyongsang-bukto (North Kyongsang), Kyongsang-namdo (South Kyongsang)


metropolitan cities: Inch'on-gwangyoksi (Inch'on), Kwangju-gwangyoksi (Kwangju), Pusan-gwangyoksi (Pusan), Soul-t'ukpyolsi (Seoul), Taegu-gwangyoksi (Taegu), Taejon-gwangyoksi (Taejon), Ulsan-gwangyoksi (Ulsan)
Age structure 0-14 years:
15.32% (male 2,503; female 2,375)

15-64 years:
62.23% (male 9,731; female 10,083)

65 years and over:
22.45% (male 2,921; female 4,229) (2001 est.)
0-14 years: 18.9% (male 4,844,083/female 4,368,139)


15-64 years: 71.9% (male 17,886,148/female 17,250,862)


65 years and over: 9.2% (male 1,818,677/female 2,678,914) (2006 est.)
Agriculture - products none rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish
Airports linked to airport in Nice, France, by helicopter service 107 (2006)
Airports - with paved runways - total: 69


over 3,047 m: 3


2,438 to 3,047 m: 21


1,524 to 2,437 m: 14


914 to 1,523 m: 11


under 914 m: 20 (2006)
Airports - with unpaved runways - total: 38


914 to 1,523 m: 3


under 914 m: 35 (2006)
Area total:
1.95 sq km

land:
1.95 sq km

water:
0 sq km
total: 98,480 sq km


land: 98,190 sq km


water: 290 sq km
Area - comparative about three times the size of The Mall in Washington, DC slightly larger than Indiana
Background Economic development was spurred in the late 19th century with a railroad linkup to France and the opening of a casino. Since then, the principality's mild climate, splendid scenery, and gambling facilities have made Monaco world famous as a tourist and recreation center. Korea was an independent kingdom for much of its millennia-long history. Following its victory in the Russo-Japanese War in 1905, Japan occupied Korea; five years later it formally annexed the entire peninsula. After World War II, a Republic of Korea (ROK) was set up in the southern half of the Korean Peninsula while a Communist-style government was installed in the north (the DPRK). During the Korean War (1950-53), US troops and UN forces fought alongside soldiers from the ROK to defend South Korea from DPRK attacks supported by China and the Soviet Union. An armistice was signed in 1953, splitting the peninsula along a demilitarized zone at about the 38th parallel. Thereafter, South Korea achieved rapid economic growth with per capita income rising to roughly 14 times the level of North Korea. In 1993, KIM Yo'ng-sam became South Korea's first civilian president following 32 years of military rule. South Korea today is a fully functioning modern democracy. In June 2000, a historic first North-South summit took place between the South's President KIM Dae-jung and the North's leader KIM Jong Il.
Birth rate 9.74 births/1,000 population (2001 est.) 10 births/1,000 population (2006 est.)
Budget revenues:
$518 million

expenditures:
$531 million, including capital expenditures of $NA (1995)
revenues: $195 billion


expenditures: $189 billion; including capital expenditures of $NA (2005 est.)
Capital Monaco name: Seoul


geographic coordinates: 37 34 N, 127 00 E


time difference: UTC+9 (14 hours ahead of Washington, DC during Standard Time)
Climate Mediterranean with mild, wet winters and hot, dry summers temperate, with rainfall heavier in summer than winter
Coastline 4.1 km 2,413 km
Constitution 17 December 1962 17 July 1948
Country name conventional long form:
Principality of Monaco

conventional short form:
Monaco

local long form:
Principaute de Monaco

local short form:
Monaco
conventional long form: Republic of Korea


conventional short form: South Korea


local long form: Taehan-min'guk


local short form: Han'guk


abbreviation: ROK
Currency French franc (FRF); euro (EUR) -
Death rate 13 deaths/1,000 population (2001 est.) 5.85 deaths/1,000 population (2006 est.)
Debt - external $NA $153.9 billion (2005 est.)
Diplomatic representation from the US the US does not have an embassy in Monaco; the US Consul General in Marseille (France) is accredited to Monaco chief of mission: Ambassador Alexander VERSHBOW


embassy: 32 Sejong-no, Jongno-gu, Seoul 110-710


mailing address: US Embassy Seoul, Unit 15550, APO AP 96205-5550


telephone: [82] (2) 397-4114


FAX: [82] (2) 738-8845
Diplomatic representation in the US Monaco does not have an embassy in the US

consulate(s) general:
New York
chief of mission: Ambassador LEE Tae-sik


chancery: 2450 Massachusetts Avenue NW, Washington, DC 20008


telephone: [1] (202) 939-5600


FAX: [1] (202) 387-0205


consulate(s) general: Agana (Guam), Atlanta, Boston, Chicago, Honolulu, Houston, Los Angeles, New York, San Francisco, Seattle
Disputes - international none Military Demarcation Line within the 4-km wide Demilitarized Zone has separated North from South Korea since 1953; periodic maritime disputes with North Korea over the Northern Limit Line; South Korea and Japan claim Liancourt Rocks (Tok-do/Take-shima), occupied by South Korea since 1954
Economic aid - donor - ODA, $423.3 million (2004)
Economic aid - recipient $NA -
Economy - overview Monaco, situated on the French Mediterranean coast, is a popular resort, attracting tourists to its casino and pleasant climate. The Principality has successfully sought to diversify into services and small, high-value-added, nonpolluting industries. The state has no income tax and low business taxes and thrives as a tax haven both for individuals who have established residence and for foreign companies that have set up businesses and offices. The state retains monopolies in a number of sectors, including tobacco, the telephone network, and the postal service. Living standards are high, roughly comparable to those in prosperous French metropolitan areas. Monaco does not publish national income figures; the estimates below are extremely rough. Since the early 1960s, South Korea has achieved an incredible record of growth and integration into the high-tech modern world economy. Four decades ago, GDP per capita was comparable with levels in the poorer countries of Africa and Asia. In 2004, South Korea joined the trillion dollar club of world economies. Today its GDP per capita is equal to the lesser economies of the EU. This success through the late 1980s was achieved by a system of close government/business ties, including directed credit, import restrictions, sponsorship of specific industries, and a strong labor effort. The government promoted the import of raw materials and technology at the expense of consumer goods and encouraged savings and investment over consumption. The Asian financial crisis of 1997-99 exposed longstanding weaknesses in South Korea's development model, including high debt/equity ratios, massive foreign borrowing, and an undisciplined financial sector. GDP plunged by 6.9% in 1998, then recovered 9.5% in 1999 and 8.5% in 2000. Growth fell back to 3.3% in 2001 because of the slowing global economy, falling exports, and the perception that much-needed corporate and financial reforms had stalled. Led by consumer spending and exports, growth in 2002 was an impressive 7%, despite anemic global growth. Between 2003 and 2005, growth moderated to about 4%. A downturn in consumer spending was offset by rapid export growth. In 2005, the government proposed labor reform legislation and a corporate pension scheme to help make the labor market more flexible, and new real estate policies to cool property speculation. Moderate inflation, low unemployment, an export surplus, and fairly equal distribution of income characterize this solid economy.
Electricity - consumption NA kWh 321.1 billion kWh (2004)
Electricity - exports - 0 kWh (2004)
Electricity - imports NA kWh

note:
electricity supplied by France (1999)
0 kWh (2004)
Electricity - production - 342.1 billion kWh (2004)
Elevation extremes lowest point:
Mediterranean Sea 0 m

highest point:
Mont Agel 140 m
lowest point: Sea of Japan 0 m


highest point: Halla-san 1,950 m
Environment - current issues NA air pollution in large cities; acid rain; water pollution from the discharge of sewage and industrial effluents; drift net fishing
Environment - international agreements party to:
Air Pollution, Biodiversity, Climate Change, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Wetlands, Whaling

signed, but not ratified:
Climate Change-Kyoto Protocol
party to: Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling


signed, but not ratified: none of the selected agreements
Ethnic groups French 47%, Monegasque 16%, Italian 16%, other 21% homogeneous (except for about 20,000 Chinese)
Exchange rates euros per US dollar - 1.0659 (January 2001), 1.0854 (2000), 0.9386 (1999); French francs per US dollar - 5.8995 (1998), 5.8367 (1997), 5.1155 (1996) South Korean won per US dollar - 1,024.1 (2005), 1,145.3 (2004), 1,191.6 (2003), 1,251.1 (2002), 1,291 (2001)
Executive branch chief of state:
Prince RAINIER III (since 9 May 1949); Heir Apparent Prince ALBERT Alexandre Louis Pierre, son of the monarch (born 14 March 1958)

head of government:
Minister of State Patrick LECLERQUE (since 5 January 2000)

cabinet:
Council of Government is under the authority of the monarch

elections:
none; the monarch is hereditary; minister of state appointed by the monarch from a list of three French national candidates presented by the French Government
chief of state: President ROH Moo-hyun (since 25 February 2003)


head of government: Prime Minister HAN Myeong-sook (since 20 April 2006); Deputy Prime Ministers KIM Woo-sik (since 10 February 2006); KWON O-kyu (since 18 July 2006); KIM Shin-il (since 20 September 2006)


cabinet: State Council appointed by the president on the prime minister's recommendation


elections: president elected by popular vote for a single five-year term; election last held 19 December 2002 (next to be held in December 2007); prime minister appointed by president with consent of National Assembly; deputy prime ministers appointed by president on prime minister's recommendation


election results: ROH Moo-hyun elected president; percent of vote - ROH Moo-hyun (MDP) 48.9%; LEE Hoi-chang (GNP) 46.6%; other 4.5%
Exports $NA; full customs integration with France, which collects and rebates Monegasque trade duties; also participates in EU market system through customs union with France 645,200 bbl/day (2004)
Exports - commodities - semiconductors, wireless telecommunications equipment, motor vehicles, computers, steel, ships, petrochemicals
Exports - partners - China 21.8%, US 14.6%, Japan 8.5%, Hong Kong 5.5% (2005)
Fiscal year calendar year calendar year
Flag description two equal horizontal bands of red (top) and white; similar to the flag of Indonesia which is longer and the flag of Poland which is white (top) and red white with a red (top) and blue yin-yang symbol in the center; there is a different black trigram from the ancient I Ching (Book of Changes) in each corner of the white field
GDP purchasing power parity - $870 million (1999 est.) -
GDP - composition by sector agriculture:
NA%

industry:
NA%

services:
NA%
agriculture: 3.3%


industry: 40.3%


services: 56.3% (2005 est.)
GDP - per capita purchasing power parity - $27,000 (1999 est.) -
GDP - real growth rate NA% 4% (2005 est.)
Geographic coordinates 43 44 N, 7 24 E 37 00 N, 127 30 E
Geography - note second smallest independent state in the world (after Holy See); almost entirely urban strategic location on Korea Strait
Heliports 1 (shuttle service between the international airport at Nice, France, and Monaco's heliport at Fontvieille) 540 (2006)
Highways total:
50 km

paved:
50 km

unpaved:
0 km (2001)
-
Household income or consumption by percentage share lowest 10%:
NA%

highest 10%:
NA%
lowest 10%: 2.9%


highest 10%: 25% (2005 est.)
Imports $NA; full customs integration with France, which collects and rebates Monegasque trade duties; also participates in EU market system through customs union with France 2.263 million bbl/day (2004)
Imports - commodities - machinery, electronics and electronic equipment, oil, steel, transport equipment, organic chemicals, plastics
Imports - partners - Japan 18.5%, China 14.8%, US 11.8%, Saudi Arabia 6.2% (2005)
Independence 1419 (beginning of the rule by the House of Grimaldi) 15 August 1945 (from Japan)
Industrial production growth rate NA% 5.9% (2005 est.)
Industries tourism, construction, small-scale industrial and consumer products electronics, telecommunications, automobile production, chemicals, shipbuilding, steel
Infant mortality rate 5.83 deaths/1,000 live births (2001 est.) total: 6.16 deaths/1,000 live births


male: 6.54 deaths/1,000 live births


female: 5.75 deaths/1,000 live births (2006 est.)
Inflation rate (consumer prices) NA% 2.8% (2005 est.)
International organization participation ACCT, ECE, IAEA, ICAO, ICRM, IFRCS, IHO, IMO, Inmarsat, Intelsat, Interpol, IOC, ITU, OPCW, OSCE, UN, UNCTAD, UNESCO, UPU, WHO, WIPO, WMO, WToO AfDB, APEC, APT, ARF, AsDB, ASEAN (dialogue partner), Australia Group, BIS, CP, EAS, EBRD, FAO, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITU, LAIA, MIGA, NEA, NSG, OAS (observer), OECD, ONUB, OPCW, OSCE (partner), PCA, PIF (partner), UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMIL, UNMIS, UNMOGIP, UNOMIG, UPU, WCL, WCO, WHO, WIPO, WMO, WToO, WTO, ZC
Internet Service Providers (ISPs) 2 (2000) -
Irrigated land NA sq km 8,780 sq km (2003)
Judicial branch Supreme Court or Tribunal Supreme (judges appointed by the monarch on the basis of nominations by the National Council) Supreme Court (justices appointed by president with consent of National Assembly); Constitutional Court (justices appointed by president based partly on nominations by National Assembly and Chief Justice of the court)
Labor force 30,540 (January 1994) 23.53 million (2005 est.)
Labor force - by occupation - agriculture: 6.4%


industry: 26.4%


services: 67.2% (2005 est.)
Land boundaries total:
4.4 km

border countries:
France 4.4 km
total: 238 km


border countries: North Korea 238 km
Land use arable land:
0%

permanent crops:
0%

permanent pastures:
0%

forests and woodland:
0%

other:
100% (urban area)
arable land: 16.58%


permanent crops: 2.01%


other: 81.41% (2005)
Languages French (official), English, Italian, Monegasque Korean, English widely taught in junior high and high school
Legal system based on French law; has not accepted compulsory ICJ jurisdiction combines elements of continental European civil law systems, Anglo-American law, and Chinese classical thought
Legislative branch unicameral National Council or Conseil National (18 seats; members are elected by popular vote to serve five-year terms)

elections:
last held 1 and 8 February 1998 (next to be held NA January 2003)

election results:
percent of vote by party - NA%; seats by party - UND 18
unicameral National Assembly or Kukhoe (299 seats - members elected for four-year terms; 243 in single-seat constituencies, 56 by proportional representation)


elections: last held 15 April 2004 (next to be held in April 2008; byelections held on 30 April 2005 and on 26 October 2005)


election results: percent of vote by party - Uri 51%, GNP 41%, DLP 3%, DP 3%, others 2%; seats by party - Uri 144, GNP 127, DP 11, DLP 9, ULD 3, independents 5


note: percent of vote is for 2004 general election; seats by party reflect results of April and October 2005 byelections involving six and four seats respectively; MDP became DP in May 2005; United Liberal Democrats (ULD) merged with GNP in February 2006. (2006)
Life expectancy at birth total population:
78.98 years

male:
75.04 years

female:
83.12 years (2001 est.)
total population: 77.04 years


male: 73.61 years


female: 80.75 years (2006 est.)
Literacy definition:
NA

total population:
99%

male:
NA%

female:
NA%
definition: age 15 and over can read and write


total population: 97.9%


male: 99.2%


female: 96.6% (2002)
Location Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy Eastern Asia, southern half of the Korean Peninsula bordering the Sea of Japan and the Yellow Sea
Map references Europe Asia
Maritime claims territorial sea:
12 NM
territorial sea: 12 nm; between 3 nm and 12 nm in the Korea Strait


contiguous zone: 24 nm


exclusive economic zone: 200 nm


continental shelf: not specified
Merchant marine none (2000 est.) total: 669 ships (1000 GRT or over) 8,634,188 GRT/13,733,624 DWT


by type: bulk carrier 157, cargo 193, chemical tanker 98, container 81, liquefied gas 22, passenger 5, passenger/cargo 24, petroleum tanker 57, refrigerated cargo 17, roll on/roll off 6, specialized tanker 3, vehicle carrier 6


foreign-owned: 22 (France 12, Japan 1, UK 2, US 7)


registered in other countries: 365 (Belize 4, Cambodia 23, China 2, Cyprus 1, Georgia 1, Honduras 6, Hong Kong 6, Indonesia 1, Liberia 3, Malaysia 1, Malta 6, Marshall Islands 1, Panama 291, Singapore 17, unknown 2) (2006)
Military - note defense is the responsibility of France -
Military branches - Army, Navy, Republic of Korea Air Force (Han-guk Kong Goon), Marine Corps, National Maritime Police (coast guard) (2006)
Military expenditures - dollar figure - $21.06 billion FY05 (2005 est.)
Military expenditures - percent of GDP - 2.6% FY05 (2005 est.)
National holiday National Day (Prince of Monaco Holiday), 19 November Liberation Day, 15 August (1945)
Nationality noun:
Monegasque(s) or Monacan(s)

adjective:
Monegasque or Monacan
noun: Korean(s)


adjective: Korean
Natural hazards NA occasional typhoons bring high winds and floods; low-level seismic activity common in southwest
Natural resources none coal, tungsten, graphite, molybdenum, lead, hydropower potential
Net migration rate 7.85 migrant(s)/1,000 population (2001 est.) 0 migrant(s)/1,000 population (2006 est.)
Pipelines - gas 1,482 km; refined products 827 km (2006)
Political parties and leaders National and Democratic Union or UND [leader NA]; National Union for the Future of Monaco or UNAM [leader NA]; Rally for the Monegasque Family [leader NA] Democratic Labor Party or DLP [MOON Seong-hyun]; Democratic Party or DP [HAHN Hwa-kap]; Grand National Party or GNP [KANG Jae-sup]; People-Centered Party or PCP [SHIN Kook-hwan]; Uri Party [KIM Geun-tae]
Political pressure groups and leaders NA Federation of Korean Industries; Federation of Korean Trade Unions; Korean Confederation of Trade Unions; Korean National Council of Churches; Korean Traders Association; Korean Veterans' Association; National Council of Labor Unions; National Democratic Alliance of Korea; National Federation of Farmers' Associations; National Federation of Student Associations
Population 31,842 (July 2001 est.) 48,846,823 (July 2006 est.)
Population below poverty line NA% 15% (2003 est.)
Population growth rate 0.46% (2001 est.) 0.42% (2006 est.)
Ports and harbors Monaco -
Radio broadcast stations AM 1, FM NA, shortwave 8 (1998) AM 61, FM 150, shortwave 2 (2005)
Radios 34,000 (1997) -
Railways total:
1.7 km

standard gauge:
1.7 km 1.435-m gauge
total: 3,472 km


standard gauge: 3,472 km 1.435-m gauge (1,361 km electrified) (2005)
Religions Roman Catholic 90% no affiliation 46%, Christian 26%, Buddhist 26%, Confucianist 1%, other 1%
Sex ratio at birth:
1.05 male(s)/female

under 15 years:
1.05 male(s)/female

15-64 years:
0.97 male(s)/female

65 years and over:
0.69 male(s)/female

total population:
0.91 male(s)/female (2001 est.)
at birth: 1.08 male(s)/female


under 15 years: 1.11 male(s)/female


15-64 years: 1.04 male(s)/female


65 years and over: 0.68 male(s)/female


total population: 1.01 male(s)/female (2006 est.)
Suffrage 21 years of age; universal 19 years of age; universal
Telephone system general assessment:
modern automatic telephone system

domestic:
NA

international:
no satellite earth stations; connected by cable into the French communications system
general assessment: excellent domestic and international services


domestic: NA


international: country code - 82; 10 fiber-optic submarine cables - 1 Korea-Russia-Japan, 1 Korea-Japan-Hong Kong, 3 Korea-Japan-China, 1 Korea-Japan-China-Europe, 1 Korea-Japan-China-US-Taiwan, 1 Korea-Japan-China, 1 Korea-Japan-Hong Kong-Taiwan, 1 Korea-Japan; satellite earth stations - 3 Intelsat (1 Pacific Ocean and 2 Indian Ocean) and 3 Inmarsat (1 Pacific Ocean and 2 Indian Ocean)
Telephones - main lines in use 31,027 (1995) 23.745 million (2005)
Telephones - mobile cellular NA 38.342 million (2005)
Television broadcast stations 5 (1998) terrestrial stations 43; cable operators 59; relay cable operators 190 (2005)
Terrain hilly, rugged, rocky mostly hills and mountains; wide coastal plains in west and south
Total fertility rate 1.76 children born/woman (2001 est.) 1.27 children born/woman (2006 est.)
Unemployment rate 3.1% (1998) 3.7% (2005 est.)
Waterways none 1,608 km (most navigable only by small craft) (2006)
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