This standing contributes on the significant tensions that divide the peninsula, and both equally states declare being the only respectable govt of Korea. South Korea is often a regional electricity plus a designed region, with its financial system ranked as the planet's fourteenth-biggest by GDP (PPP). Its armed forces are among the world's strongest militaries, with the world's next-most significant standing army by armed forces and paramilitary personnel. South Korea has been renowned for its globally influential popular culture, specially in audio (K-pop) and cinema, a phenomenon known as the Korean Wave.
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