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- Understanding South Korea’s Labour Law & Employment Regulations
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- June 2021
- Issue
Understanding South Korea’s Labour Law & Employment Regulations
Identified as one of the G-20 major economies, South Korea’s mixed economy is ranked as the 10th largest economy by nominal GDP. It has adopted a primarily export-oriented strategy to fuel its economy. The growth of the high-tech industry has spurred the birth of South Korean brands such as Samsung, LG and SK. Other industries include: shipbuilding, mining, construction and tourism.
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