[Park Sang-seek] Korea in the 20-50 club: Where should it go from here?
ViewpointsJun 11, 2012
Recently it has been reported that South Korea has become a member of the “20-50 club” last month. Before there were only six members: the U.S., the U.K., Japan, France, Germany and Italy. There are two criteria for the membership: The GDP per capita should be $20,000 or more, and the population should be 50 million or more.Except for South Korea, the other members are also members of the Group of Seven, and only Japan and South Korea are non-Western countries. This means that South Korea is no