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Compare Monaco (2003) - Korea, South (2001)

Compare Monaco (2003) z Korea, South (2001)

 Monaco (2003)Korea, South (2001)
 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); Cheju-do, Cholla-bukto, Cholla-namdo, Ch'ungch'ong-bukto, Ch'ungch'ong-namdo, Inch'on-gwangyoksi*, Kangwon-do, Kwangju-gwangyoksi*, Kyonggi-do, Kyongsang-bukto, Kyongsang-namdo, Pusan-gwangyoksi*, Soul-t'ukpyolsi*, Taegu-gwangyoksi*, Taejon-gwangyoksi*, Ulsan-gwangyoksi*
Age structure 0-14 years: 15.5% (male 2,551; female 2,445)


15-64 years: 62.1% (male 9,814; female 10,130)


65 years and over: 22.4% (male 2,937; female 4,253) (2003 est.)
0-14 years:
21.59% (male 5,475,453; female 4,864,918)

15-64 years:
71.14% (male 17,291,202; female 16,789,380)

65 years and over:
7.27% (male 1,352,312; female 2,131,105) (2001 est.)
Agriculture - products none rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish
Airports none; linked to airport in Nice, France, by helicopter service (2002) 102 (2000 est.)
Airports - with paved runways - total:
68

over 3,047 m:
2

2,438 to 3,047 m:
18

1,524 to 2,437 m:
16

914 to 1,523 m:
11

under 914 m:
21 (2000 est.)
Airports - with unpaved runways - total:
34

914 to 1,523 m:
2

under 914 m:
32 (2000 est.)
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. After World War II, a republic was set up in the southern half of the Korean Peninsula while a communist-style government was installed in the north. The Korean War (1950-53) had US and other UN forces intervene to defend South Korea from North Korean attacks supported by the Chinese. An armistice was signed in 1953 splitting the peninsula at the 38th parallel known as the DMZ. Thereafter, South Korea achieved rapid economic growth, with per capita income rising to 13 times the level of North Korea. In 1997, the nation suffered a severe financial crisis from which it continues to make a solid recovery. South Korea has also maintained its commitment to democratize its political processes. In June 2000, a historic first south-north summit took place between the south's President KIM Dae-jung and the north's leader KIM Chong-il. In December 2000, President KIM Dae-jung won the Noble Peace Prize for his lifeling committment to democracy and human rights in Asia. He is the first Korean to win a Nobel Prize.
Birth rate 9.46 births/1,000 population (2003 est.) 14.85 births/1,000 population (2001 est.)
Budget revenues: $518 million


expenditures: $531 million, including capital expenditures of $NA (1995)
revenues:
$81.8 billion

expenditures:
$94.9 billion, including capital expenditures of $6.1 billion (1999)
Capital Monaco Seoul
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 25 February 1988
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:
none

note:
the South Koreans generally use the term "Han-guk" to refer to their country

abbreviation:
ROK
Currency euro (EUR) South Korean won (KRW)
Death rate 12.82 deaths/1,000 population (2003 est.) 5.93 deaths/1,000 population (2001 est.)
Debt - external $NA $137 billion (November 2000)
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 (vacant)

embassy:
82 Sejong-ro, Chongro-ku, Seoul 110-710

mailing address:
American Embassy, Unit 15550, APO AP 96205-0001

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 YANG Song-chol

chancery:
2450 Massachusetts Avenue NW, Washington, DC 20008

telephone:
[1] (202) 939-5600

FAX:
[1] (202) 387-0205

consulate(s) general:
Anchorage, Atlanta, Boston, Chicago, Honolulu, Houston, Los Angeles, Miami, New York, San Francisco, and Seattle

consulate(s):
Hagatna (Guam)
Disputes - international none Demarcation Line with North Korea; Liancourt Rocks (Takeshima/Tokdo) disputed with Japan
Economic aid - recipient $NA $NA
Economy - overview Monaco, situated on the French Mediterranean coast, is a popular resort, attracting tourists to its casino and pleasant climate. In 2001, a major new construction project will extend the pier used by cruise ships in the main harbor. 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. As one of the Four Dragons of East Asia, South Korea has achieved an incredible record of growth. Three decades ago GDP per capita was comparable with levels in the poorer countries of Africa and Asia. Today its GDP per capita is seven times India's, 16 times North Korea's, and comparable to the lesser economies of the European Union. 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 certain longstanding weaknesses in South Korea's development model, including high debt/equity ratios, massive foreign borrowing, and an undisciplined financial sector. By 1999 GDP growth had recovered, reversing the substantial decline of 1998. Seoul has pressed the country's largest business groups to restructure and to strengthen their financial base. Growth in 2001 likely will be a more sustainable rate of 5%.
Electricity - consumption NA kWh 232.767 billion kWh (1999)
Electricity - exports - 0 kWh (1999)
Electricity - imports NA kWh


note: electricity supplied by France
0 kWh (1999)
Electricity - production - 250.287 billion kWh (1999)
Electricity - production by source - fossil fuel:
59.22%

hydro:
1.64%

nuclear:
39.12%

other:
0.02% (1999)
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, Air Pollution-Volatile Organic Compounds, 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, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling

signed, but not ratified:
Climate Change-Kyoto Protocol
Ethnic groups French 47%, Monegasque 16%, Italian 16%, other 21% homogeneous (except for about 20,000 Chinese)
Exchange rates euros per US dollar - 1.06 1.0626 (2002), 1.1175 (2001), 1.0854 (2000), 0.9386 (1999); French francs per US dollar - 5.8995 (1998) South Korean won per US dollar - 1,271.89 (January 2001), 1,130.96 (2000), 1,188.82 (1999), 1,401.44 (1998), 951.29 (1997), 804.45 (1996)
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 LECLERCQ (since 5 January 2000)


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


elections: none; the monarchy 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 KIM Dae-jung (since 25 February 1998)

head of government:
Prime Minister YI Han-tong (since 23 May 2000)

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 18 December 1997 (next to be held by 18 December 2002); prime minister appointed by the president; deputy prime ministers appointed by the president on the prime minister's recommendation

election results:
KIM Dae-jung elected president; percent of vote - KIM Dae-jung (NCNP) 40.3% (with ULD partnership), YI Hoe-chang (GNP) 38.7%, YI In-che (NPP) 19.2%
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 $172.6 billion (f.o.b., 2000)
Exports - commodities - electronic products, machinery and equipment, motor vehicles, steel, ships; textiles, clothing, footwear; fish
Exports - partners - US 20.5%, Japan 11%, China 9.5%, Hong Kong 6.3%, Taiwan 4.4% (1999)
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.) purchasing power parity - $764.6 billion (2000 est.)
GDP - composition by sector agriculture: NA%


industry: NA%


services: NA%
agriculture:
5.6%

industry:
41.4%

services:
53% (1999 est.)
GDP - per capita purchasing power parity - $27,000 (1999 est.) purchasing power parity - $16,100 (2000 est.)
GDP - real growth rate NA% 9% (2000 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 -
Heliports 1 (shuttle service between the international airport at Nice, France, and Monaco's heliport at Fontvieille) (2002) 203 (2000 est.)
Highways total: 50 km


paved: 50 km


unpaved: 0 km (1999 est.)
total:
87,534 km

paved:
65,388 km (including 1,996 km of expressways)

unpaved:
22,146 km (1999)
Household income or consumption by percentage share lowest 10%: NA%


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

highest 10%:
24.3% (1993)
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 $160.5 billion (f.o.b., 2000)
Imports - commodities - machinery, electronics and electronic equipment, oil, steel, transport equipment, textiles, organic chemicals, grains
Imports - partners - US 20.8%, Japan 20.2%, China 7.4%, Saudi Arabia 4.7%, Australia 3.9% (1999)
Independence 1419 (beginning of the rule by the House of Grimaldi) 15 August 1945 (from Japan)
Industrial production growth rate NA% 17% (2000)
Industries tourism, construction, small-scale industrial and consumer products electronics, automobile production, chemicals, shipbuilding, steel, textiles, clothing, footwear, food processing
Infant mortality rate total: 5.63 deaths/1,000 live births


male: 6.52 deaths/1,000 live births


female: 4.69 deaths/1,000 live births (2003 est.)
7.71 deaths/1,000 live births (2001 est.)
Inflation rate (consumer prices) NA% 2.3% (2000)
International organization participation ACCT, ECE, FAO, IAEA, ICAO, ICC, ICCt (signatory), ICRM, IFRCS, IHO, IMO, Interpol, IOC, ITU, OPCW, OSCE, UN, UNCTAD, UNESCO, UNITAR, UPU, WHO, WIPO, WMO, WToO AfDB, APEC, ARF (dialogue partner), AsDB, ASEAN (dialogue partner), Australia Group, BIS, CCC, CP, EBRD, ESCAP, FAO, G-77, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IEA (observer), IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, IOM, ISO, ITU, MINURSO, NAM (guest), NEA, NSG, OAS (observer), OECD, OPCW, OSCE (partner), PCA, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMOGIP, UNOMIG, UNTAET, UNU, UPU, WHO, WIPO, WMO, WToO, WTrO, ZC
Internet Service Providers (ISPs) 2 (2000) 11 (2000)
Irrigated land NA sq km 13,350 sq km (1993 est.)
Judicial branch Supreme Court or Tribunal Supreme (judges appointed by the monarch on the basis of nominations by the National Council) Supreme Court (justices are appointed by the president with the consent of the National Assembly)
Labor force 30,540 (January 1994) 22 million (2000)
Labor force - by occupation - services 68%, industry 20%, agriculture 12% (1999)
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%


other: 100% (urban area) (1998 est.)
arable land:
19%

permanent crops:
2%

permanent pastures:
1%

forests and woodland:
65%

other:
13% (1993 est.)
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 (24 seats; 16 members elected by list majority system, 8 by proportional representation; to serve five-year terms)


elections: last held 9 February 2003 (next to be held NA February 2008)


election results: percent of vote by party - NA%; seats by party - UNAM 21, UND 3
unicameral National Assembly or Kukhoe (273 seats total - 227 elected by direct, popular vote; members serve four-year terms)

elections:
last held 13 April 2000 (next to be held NA April 2004)

election results:
percent of vote by party - NA%; seats by party - GNP 133, MDP 115, ULD 17, other 8
Life expectancy at birth total population: 79.27 years


male: 75.37 years


female: 83.37 years (2003 est.)
total population:
74.65 years

male:
70.97 years

female:
78.74 years (2001 est.)
Literacy definition: NA


total population: 99%


male: NA%


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

total population:
98%

male:
99.3%

female:
96.7% (1995 est.)
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 contiguous zone:
24 NM

continental shelf:
not specified

exclusive economic zone:
200 NM

territorial sea:
12 NM; between 3 NM and 12 NM in the Korea Strait
Merchant marine none (2002 est.) total:
496 ships (1,000 GRT or over) totaling 5,421,993 GRT/8,757,034 DWT

ships by type:
bulk 105, cargo 168, chemical tanker 38, combination bulk 5, container 49, liquefied gas 16, multi-functional large-load carrier 1, passenger 3, petroleum tanker 70, refrigerated cargo 27, roll on/roll off 4, short-sea passenger 1, specialized tanker 4, vehicle carrier 5 (2000 est.)
Military - note defense is the responsibility of France -
Military branches - Army, Navy, Air Force, Marine Corps, National Maritime Police (Coast Guard)
Military expenditures - dollar figure - $12 billion (2000)
Military expenditures - percent of GDP - 3.2% (FY98/99)
Military manpower - availability - males age 15-49:
14,148,552 (2001 est.)
Military manpower - fit for military service - males age 15-49:
8,979,778 (2001 est.)
Military manpower - military age - 18 years of age
Military manpower - reaching military age annually - males:
394,397 (2001 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 7.78 migrant(s)/1,000 population (2003 est.) 0 migrant(s)/1,000 population (2001 est.)
Pipelines - petroleum products 455 km; note - additionally, there is a parallel petroleum, oils, and lubricants (POL) pipeline being completed
Political parties and leaders National and Democratic Union or UND [Jean-Louis CAMPORA]; Union for Monaco or UPM (including National Union for the Future of Monaco or UNAM [leader NA] Grand National Party or GNP [YI Hoe-chang, president]; Millennium Democratic Party or MDP [KIM Dae-jung, president]; United Liberal Democrats or ULD [KIM Chong-p'il, honorary chairman, KIM Chong-ho, acting president]

note:
on 20 January 2000, the National Congress for New Politics or NCNP was renamed the Millennium Democratic Party or MDP
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 32,130 (July 2003 est.) 47,904,370 (July 2001 est.)
Population below poverty line NA% NA%
Population growth rate 0.44% (2003 est.) 0.89% (2001 est.)
Ports and harbors Monaco Chinhae, Inch'on, Kunsan, Masan, Mokp'o, P'ohang, Pusan, Tonghae-hang, Ulsan, Yosu
Radio broadcast stations AM 1, FM NA, shortwave 8 (1998) AM 106, FM 97, shortwave 6 (1999)
Radios - 47.5 million (1997)
Railways total: 1.7 km


standard gauge: 1.7 km 1.435-m gauge (2002)
total:
6,240 km

standard gauge:
6,240 km 1.435-m gauge (525 km electrified) (1998 est.)
Religions Roman Catholic 90% Christian 49%, Buddhist 47%, Confucianist 3%, Shamanist, Chondogyo (Religion of the Heavenly Way), and other 1%
Sex ratio at birth: 1.05 male(s)/female


under 15 years: 1.04 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 (2003 est.)
at birth:
1.11 male(s)/female

under 15 years:
1.13 male(s)/female

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

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

total population:
1.01 male(s)/female (2001 est.)
Suffrage 21 years of age; universal 20 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:
fiber-optic submarine cable to China; the Russia-Korea-Japan submarine cable; satellite earth stations - 3 Intelsat (2 Pacific Ocean and 1 Indian Ocean) and 1 Inmarsat (Pacific Ocean region)
Telephones - main lines in use 31,027 (1995) 24 million (1999)
Telephones - mobile cellular NA 27 million (June 2000)
Television broadcast stations 5 (1998) 121 (plus 850 repeater stations and the eight-channel American Forces Korea Network) (1999)
Terrain hilly, rugged, rocky mostly hills and mountains; wide coastal plains in west and south
Total fertility rate 1.76 children born/woman (2003 est.) 1.72 children born/woman (2001 est.)
Unemployment rate 3.1% (1998) 4.1% (2000 est.)
Waterways none 1,609 km

note:
restricted to small native craft
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