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Old 10-03-2017, 07:19 PM
 
276 posts, read 204,795 times
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Quote:
Originally Posted by bus man View Post
Japan and South Korea were in miserable shape after World War II and the Korean War, respectively. Japan brought its misery upon itself, but that's beside the point. I don't know if anyone has quantified the relative destruction of the two countries for comparative purposes, but no one is disputing that both places were flat on their backs in the immediate post-war periods and have since risen to amazing heights.
Aint a fair comparsion. You need to appreciate South Korea was a undeveloped nation at the same time. Japan had modernised prior to this or at least to some extend learnt and modelled itself on Western tech at the time...so in essence it kind of developed before this but was as you stated, self inflicted.

Easier to rebuild from something than start from zero.
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Old 10-16-2017, 01:53 AM
 
5 posts, read 7,070 times
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Quote:
Originally Posted by bus man View Post
Not sure what you're saying here. It's clear that South Korea is an economic success story and some of its companies are major players in the international market. Whether Samsung is "better" than Sony, however, is more subjective and can be interpreted in a number of different ways (e.g. units sold, revenue, profit, market capitalization, market share, customer satisfaction, etc.)

Using hard numbers, the Gross Domestic Product of South Korea in 2016 was 1,411.25 billion USD. The GDP of Japan in that year was 4,939.38 billion USD, which represents a sharp drop from the 2012 figure of 6,203.20 billion USD.

But of course, as you correctly point out, Japan has a larger population. Thus, to normalize this effect, one would look at GDP per capita. In 2016, this was 25,458.90 USD for South Korea and 47,607.70 USD for Japan.

Thus, in purely economic terms, South Korea is nowhere near eclipsing Japan. This, of course, is not to minimize the amazing progress that South Korea has achieved in the past few decades. But they still have a ways to go to surpass Japan, economically speaking.

Source for these figures:
https://tradingeconomics.com/south-korea/gdp
https://tradingeconomics.com/japan/gdp


you're data is incorrect.

according to IMF index, South Korea's GDP per capita is 27,539 USD in 2016.
same of japan is 38,917 USD in 2016

Source: https://en.m.wikipedia.org/wiki/List...al)_per_capita
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Old 10-16-2017, 06:43 AM
 
Location: Western Asia
3,187 posts, read 1,443,736 times
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I worked in Seoul for a famous electronics company and they have indeed advanced technologically and financially in Korea. They are pushing hard to surpass Japan wherever they can. In my mind the Koreans work even harder and have a better sense of style than the Japanese. However, Japan still leads in developing new products and technology.


In my mind, Korea hasn't yet caught the Japanese but they sure as heck are trying harder.
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Old 10-20-2017, 07:10 AM
 
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I think South Korea is doing better in certain fields, but that doesn't mean that it's surpassed Japan, just like how California's success at IT doesn't mean it's surpassed the North-East USA.

Japan is generally more developed than South Korea. It's more supportive of human rights and is generally more tolerant of immigration [in contrast to the zero-tolerance-esque policy of SK). It's also got a far better standing in the global community, especially in relations to India and the West.
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Old 10-21-2017, 11:07 AM
 
Location: Katy-zuela
4,852 posts, read 8,995,231 times
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Quote:
Originally Posted by Winterfall8324 View Post
Koreans and Chinese (from my experiences which are limited I should add) seem less racist than Japanese, or at least exclusionary if that makes any sense.
Koreans are proud of the ethnic homogeneity, something even the Japanese could not achieve.

But what if reunification happened tomorrow? The economic and social effects of reintegration would be a big distraction against competing with the Japanese.
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Old 10-21-2017, 06:17 PM
 
Location: Sandpoint, Idaho
2,897 posts, read 5,280,094 times
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Quote:
Originally Posted by willister View Post
When you really think about it, has South Korea eclipsed Japan when you take into consideration population size and overall size? South Korea is merely 51 mil & 100,000 km 2 give or take yet they are able to punch well above their weight on the global scale? Japan is 377,000 km 2 and 127mil, double the size in all aspects.

At their peak the Japanese strategy was to create many smaller companies and share the tech around / have cross interest in companies whereas Koreans seem to have two/three massive chaebals to dominate a certain field.

Today, South Koreans lead in electronics, especially in the field of display tech and battery technology.

Dig a little deeper and you'll see Japanese companies dominate more advanced manufacturing such as miniaturised capacitors and machinery (e.g. Cannon Senki is only one of two Japanese companies globally that can produce OLED)

My take is that South Korea really do punch well beyond their weight to match an economy and technological advanced nation such as Japan. They are impressive but aren't the best on the global stage when you consider the likes of Sweden with 10mil and brands like Volvo and a decent aero industry!
"has South Korea eclipsed Japan " this is a journalist's question. Ultimately meaningless. You need to refine the question.

Both countries field impressive companies.
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Old 10-31-2017, 08:21 AM
 
276 posts, read 204,795 times
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Quote:
Originally Posted by KerrTown View Post
Koreans are proud of the ethnic homogeneity, something even the Japanese could not achieve.

But what if reunification happened tomorrow? The economic and social effects of reintegration would be a big distraction against competing with the Japanese.
In theory reunification would really boost the economy. Reality probably a lot more harsh. The North would supply cheap labour for the likes of Samsung and LG with a lesser reliance and tech leak to China. Though probably a moot point today given how much tech China has soaked up and acquired through purchases..

Looking at Germany the road to reunification has been rocky and the gap between the two was much smaller than the current North South Korea divide..understatement really..as some Germans point out there will always be an invisible divide till no one alive remembers the divide themselves.
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Old 11-03-2017, 11:30 PM
 
Location: Guangzhou, China
9,779 posts, read 13,357,013 times
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Quote:
Originally Posted by willister View Post
In theory reunification would really boost the economy. Reality probably a lot more harsh. The North would supply cheap labour for the likes of Samsung and LG with a lesser reliance and tech leak to China. Though probably a moot point today given how much tech China has soaked up and acquired through purchases..

Looking at Germany the road to reunification has been rocky and the gap between the two was much smaller than the current North South Korea divide..understatement really..as some Germans point out there will always be an invisible divide till no one alive remembers the divide themselves.
Reunification would be an economic disaster for SK. They'd suddenly have millions of citizens who would need reeducation and special assistance to integrate into the modern world, and who had few usable skills for the South Korean economy. Probably they best thing would be to boost agriculture and textile production and exports, since these are areas that NK'ers are already familiar with.

They would still face crises in healthcare, education, welfare, and QOL factors.
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Old 06-06-2019, 07:27 AM
 
131 posts, read 8,988 times
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South Koreans are earning about the same as the Japanese. Costs are nearly the same. Would say both are expensive.
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