Korean Translation Translator in Edinburgh UK

Korean Translation in Edinburgh – Segem Consulting | Korean Translators

Welcome to Our Korean translation office – Edinburgh Branch

Our Korean translators in Edinburgh are ready to support our clients in all aspects regarding Korean translation. We provide translations of all kinds of documents, interpreting, interpreting of telephone conferences, desktop publishing, etc. One of our strengths is the website localisation and software localisation. We provide simultaneous and consecutive interpreting services, too. We also offer special Korean translation services for Edinburgh festivals.

Call us on 0161-9734167 or 07590-411402 or use our contact form to upload your document for a free quotation!

 

 

Korean Translation Translator in Edinburgh UK

 

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A Korean Translator in Edinburgh Explains About Korean See Saw

by Mrs Choi, Korean translator, Edinburgh Branch, Korean Translation Services by Segem Consulting

A Korean Translator in Edinburgh Explains – An Overview of Korea’s Economic Growth

by Mrs Choi, Korean translator, Edinburgh Branch, Korean Translation Services by Segem Consulting

A Korean translator in our Korean translation office in Edinburgh tells us about her view on Korea’s Economic Growth.

Korea recently pulled through an economic storm that began in late-1997. This crisis, which roiled markets all across Asia, had threatened Korea’s remarkable economic achievements. However, thanks to the faithful implementation of an IMF agreement, the Kim Dae-jung government’s strong resolve for reform, and successful negotiation of foreign debt restructuring with creditor banks, the nation is currently on track to resume economic growth. Since the onset of the crisis, Korea has been rapidly integrating itself into the world economy. According to our Korean translator in Edinburgh, the goal of the nation is to overcome problems rooted in the past by creating an economic structure suitable for an advanced economy.

An outward-oriented economic development strategy, which used exports as the engine of growth, contributed greatly to the radical economic transformation of Korea – at least our Korean translator in Edinburgh Korean translation branch thinks so. Based on such a strategy, many successful development programs were implemented. As a result, from 1962 to 1997, Korea’s Gross National Income (GNI) increased from US$2.3 billion to US$474 billion, with its per capita GNI soaring from US$87 to about US$10,307. These impressive figures clearly indicate the magnitude of success that these economic programs have brought about – that fact that our Korean translator in Edinburgh is more than happy to agree on.

Korean imports have steadily increased thanks to the nation’s liberalization policy and increasing per capita income levels. As one of the largest import markets in the world, the volume of Korea’s imports exceeded those of China in 1995, and were comparable to the imports of Malaysia, Indonesia, and the Philippines combined. Major import items included industrial raw materials such as crude oil and natural minerals, general consumer products, foodstuffs and goods such as machinery, electronic equipment and transportation equipment according to our Korean translator in Edinburgh.

Korea developed rapidly from the 1960s, fueled by high savings and investment rates, and a strong emphasis on education. The nation became the 29th member country of the Organization for Economic Cooperation and Development (OECD) in 1996. With a history as one of the fastest growing economies in the world, Korea is working to become the focal point of a powerful Asian economic bloc during the 21st century. Our Korean translator in Edinburgh think that the Northeast Asian region commands a superior pool of essential resources that are the necessary ingredients for economic development. These include a population of 1.5 billion people, abundant natural resources, and large-scale consumer markets.

It is our Edinburgh Korean translator’s conclusion that this outward-oriented economic development strategy, which used exports as the engine of growth, contributed greatly to the radical economic transformation of Korea. Based on such a strategy, many successful development programs were implemented. As a result, from 1962 to 1997, Korea’s Gross National Income (GNI) increased from US$2.3 billion to US$474 billion, with its per capita GNI soaring from US$87 to about US$10,307. These impressive figures clearly indicate the magnitude of success that these economic programs have brought about.

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