This status contributes to your substantial tensions that divide the peninsula, and both states assert for being the sole reputable government of Korea. South Korea is usually a regional ability as well as a created state, with its financial system rated as the earth's fourteenth-premier by GDP (PPP). Its armed forces are on the list of globe's strongest militaries, with the entire world's 2nd-most significant standing army by navy and paramilitary staff. South Korea continues to be renowned for its globally influential popular culture, significantly in songs (K-pop) and cinema, a phenomenon often called the Korean Wave.
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