|  | South Korea 1968 -2007, 2010, 2013, 2016 
     | |||||||||||
| 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. 
 |