National Overview

Here there will be a post, a general update and summary of events and things going on in your nation, a general overview of the Republic of Korea. These posts will usually be made once every month and should not total more than a paragraph. (1 RL week)

February 2006:

South Korea faces growing economic competition with the massive and fast growing Chinese economy as exports, which make up a large portion of South Korean GDP fade in favor of cheaper Chinese goods. Ballooning and a looming debt crisis in Japan could serve to possibly "destroy" the South Korean economy if they default on their debts, which would bring much of the Asia-Pacific region into recession. Also, recent 6 party talks have worked to calm down the usually tense situation between South and North Korea and it looks as if new progress will be made on the Korean peninsula.