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How do Brunei and the Korean Peninsula differ in energy resources?
Wiki User
∙ 8y ago
Brunei has domestic energy resources and Korea does not. Brunei has large petroleum deposits and is a major Non-OPEC oil exporter. Korea has some coal deposits, but lacks significant energy reserves. North Korea, which maintains an economic policy of autarky (not trading with other countries), correspondingly has a very low productivity. South Korea imports vast amounts of energy, especially fossil fuels and uses this energy to power a modern first-world economy. Conversely, even while Brunei has large domestic reserves, the country remains in poverty and underdeveloped because of resource hording by the Sultan and export markets.
Wiki User
∙ 8y ago
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