The Republic of Korea's economic growth over the past several decades has been spectacular. Per capita GNP, only $100 in 1963, is approaching $33,333. South Korea is now the United States' seventh-largest trading partner and is the twelfth-largest economy in the world. | The Republic of Korea's economic growth over the past several decades has been spectacular. Per capita GNP, only $100 in 1963, is approaching $33,333. South Korea is now the United States' seventh-largest trading partner and is the twelfth-largest economy in the world. |