Government
Type: Republic with powers shared between the president, the legislature, and the courts.
Liberation: August 15, 1945.
Constitution: July 17, 1948; last revised 1987.
Branches: Executive--President (chief of state); Prime Minister (head of government). Legislative--unicameral National Assembly. Judicial--Supreme Court and appellate courts; Constitutional Court.
Subdivisions: Nine provinces, seven administratively separate cities (Seoul, Busan, Incheon, Daegu, Gwangju, Daejeon, Ulsan).
Political parties: Grand National Party (GNP); Democratic Party (DP), formerly known as United Democratic Party (UDP); Liberty Forward Party (LFP); New Progressive Party (NPP); Pro-Park Alliance (PPA); Renewal Korea Party (RKP).
Suffrage: Universal at 19.
Government budget (2009): Expenditures--$227.2 billion.
Defense (2008): 2.5% of GDP.
http://www.state.gov/r/pa/ei/bgn/2800.htm
Mixed Economy
South Korea has an export economy.
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Market
South Africa - Traditional economy Nigeria - Mixed economy
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Maldives & Nepal.
The Philippines has a mixed economy, consisting of both a market-driven private sector and government intervention through regulation and public enterprises. The economy is characterized by a diverse range of industries such as agriculture, manufacturing, and services.
The Economy of the South was Agricultural Based.
As literacy rates increase in East and South Asia, the economy and government grow and become more complex and quality of life improves.