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Real Reality
Joined: 10 Jan 2003
Location: Seoul
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 Posted: Fri Dec 02, 2005 5:06 am Post subject: Korea Closer Than Thought to US$20,000 Per Person |
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Korea 'Closer Than Thought' to US$20,000 Per-Capita GNI
Korea may be closer than had been thought to passing the threshold to a per-capita national income of US$20,000. The country's per capital gross national income (GNI) is estimated to exceed $16,000 this year, and many predict that it may even reach the $17,000 level if the dollar drops further. At this rate, the country might achieve per-capita GNI of $20,000 by 2007, a year earlier than the government expects. The Finance Ministry said Friday the country's per-capita national income may this year have increased 13 percent from $14,162 last year.
Chosun Ilbo (December 2, 2005)
http://english.chosun.com/w21data/html/news/200512/200512020022.html |
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itaewonguy
Joined: 25 Mar 2003
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| Posted: Fri Dec 02, 2005 5:49 am Post subject: |
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does anyone actually believe the korean economy is weak ? 
im sick of people telling me this! why does the media here brainwash the koreans!!?? I dont get!! |
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Ya-ta Boy
Joined: 16 Jan 2003
Location: Established in 1994
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| Posted: Fri Dec 02, 2005 6:08 am Post subject: |
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| It's nice that RR is finally coming around to admitting that we make about $30,000 and are doing our bit to raise the per capita income level. It's only taken how many years for him to come around? |
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Real Reality
Joined: 10 Jan 2003
Location: Seoul
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| Posted: Fri Dec 02, 2005 6:41 am Post subject: |
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| Ya-ta Boy wrote: |
| It's nice that RR is finally coming around to admitting that we make about $30,000 and are doing our bit to raise the per capita income level. It's only taken how many years for him to come around? |
For primary education, the Czech Republic, Hungary, and Mexico have relatively low salary costs per hour of instruction ($13, $15, and $16, respectively); by contrast, costs are relatively high in Denmark ($48), Germany ($49), South Korea ($62), and Switzerland ($48). Salary costs per primary teaching hour in the United States are in the middle of this range at $35. In South Korea, high costs per teaching hour at the primary level are balanced by a relatively high student/teacher ratio (31.2) and a low proportion of current expenditure on nonteaching staff, resulting in below-average expenditure per student (OECD 2000.)
Chapter 1. Elementary and Secondary Education: Teacher Working Conditions. National Science Foundation, Division of Science Resources Statistics
http://www.nsf.gov/sbe/srs/seind02/c1/c1s7.htm#c1s7l3
In Germany, Ireland, South Korea, and Switzerland, among others, teachers earn at least twice the GDP per capita.
Virginia Education Association
http://www.veaweteach.org/articles_archives_detail.asp?ContentID=324
International Comparisons Of Expenditure On Education
The starting salary for primary teachers in Korea is $24,140, marginally behind that for Australia at $25,775. Korean teachers reach $39,921 after 15 years and $66,269 at the top of their scale.... Korea requires less time from its teachers, at 644 hours per year, than does Australia at 893 hours.
by Barry McGaw
http://www.austcolled.com.au/pubs.php?id=538 |
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Ya-ta Boy
Joined: 16 Jan 2003
Location: Established in 1994
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| Posted: Fri Dec 02, 2005 7:52 am Post subject: |
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[quote]For primary education, the Czech Republic, Hungary, and Mexico [quote]
Who gives a flying anything about those countries? We are in South Korea. Or hadn't you noticed? We make about W30 million a month.
And how many weeks has it been since you posted an opinion of your own; not just a newspaper article you copied? |
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ed4444
Joined: 12 Oct 2004
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| Posted: Fri Dec 02, 2005 8:10 am Post subject: |
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[quote="Ya-ta Boy"]
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We make about W30 million a month.
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Can I come and work where you are working? |
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JongnoGuru
Joined: 25 May 2004
Location: peeing on your doorstep
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| Posted: Fri Dec 02, 2005 9:07 am Post subject: |
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| ed4444 wrote: |
| Ya-ta Boy wrote: |
| Quote: |
We make about W30 million a month.
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Can I come and work where you are working? |
Yeah, me too. 
And why is this in Job-related? |
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mithridates
Joined: 03 Mar 2003
Location: President's office, Korean Space Agency
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| Posted: Fri Dec 02, 2005 10:20 am Post subject: |
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| If Yata has a third position, I'm in too. Actually I just know Jongnoguru's going to be too busy with a house somewhere I'm sure, so I'm second. 30 million's going to be so sweet. |
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Ya-ta Boy
Joined: 16 Jan 2003
Location: Established in 1994
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| Posted: Fri Dec 02, 2005 10:30 am Post subject: |
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Hmmm....
W2,200,000 X 12 = W26,000,000 (salary)
W 2,200,000 (severance)
W300,000 X 12 = W 3,600,000 (free housing)
Hmmm...W31,800,000 Total
I made a whopper mistake on the W30 million a MONTH thing. Obviously I meant a YEAR. That's my story and I'm sticking to it. |
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JongnoGuru
Joined: 25 May 2004
Location: peeing on your doorstep
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| Posted: Fri Dec 02, 2005 10:46 am Post subject: |
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| mithridates wrote: |
| Actually I just know Jongnoguru's going to be too busy with a house somewhere I'm sure, so I'm second. |
Oh no he won't be!
And I bet the hours are a lot better than ours now. Mine for sure. But you know what? I don't care if they work me like a dog -- a DOG, I tell you! (How does 12 mil. won in overtime sound, Mith!)
| Ya-ta Boy wrote: |
| I made a whopper mistake on the W30 million a MONTH thing. Obviously I meant a YEAR. That's my story and I'm sticking to it. |
(A whopper mistake? Well, I ordered mine with cheese, but...)
Aww, Ya-ta  .... Did you have to go and spoil our little three-forty-in-the-morning dream here? Couldn't you have waited till tomorrow? I was just about to nestle all snug in my bed, while visions of 30 mil. won/month x 12, played out over several years danced in my head.
 
 
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itaewonguy
Joined: 25 Mar 2003
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| Posted: Fri Dec 02, 2005 10:03 pm Post subject: |
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and 30K a year is something to be proud of?
is that what you invisioned when you went to uni, your parents all excited.
"son, when you get out of uni and start earning 30K a year you will make us all proud"
30K is a joke really.. come on..
a waiter back home makes alleast 50K |
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bucheon bum
Joined: 16 Jan 2003
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| Posted: Fri Dec 02, 2005 10:40 pm Post subject: |
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well i'll tell you this much:
30K goes a hell of a lot further in Korea than here in the good ol' USA. My take-home pay here in the states is nearly identical to what it was in Korea. I was able to save half my salary there and didn't really have to budget myself.
Here? Save half my take-home? in my dreams. |
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JongnoGuru
Joined: 25 May 2004
Location: peeing on your doorstep
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| Posted: Fri Dec 02, 2005 11:12 pm Post subject: |
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| bucheon bum wrote: |
well i'll tell you this much:
30K goes a hell of a lot further in Korea than here in the good ol' USA. My take-home pay here in the states is nearly identical to what it was in Korea. I was able to save half my salary there and didn't really have to budget myself.
Here? Save half my take-home? in my dreams. |
Exactly, BB.
And jeezuz, Itaewonguy, consider that there are people who could call whatever your salary might be a "joke". I say "could" rather than "would", because I hope most of them would have the tact not to.
You know, I don't necessarily disagree with you, and I wouldn't bother responding to your post if I didn't regard you as a good-natured sort. So I'm prepared to believe you just didn't realise what an ass you made of yourself there. (Speaking as one who specialises in the art, you don't even make a very good one.) |
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Hollywoodaction
Joined: 02 Jul 2004
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| Posted: Sat Dec 03, 2005 4:09 am Post subject: |
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| I think they've just wisened to the fact that the top 5 richest men in Korea couldn't possibly be worth only 2 billion dollars or so each. |
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