Background:
After World War II, a republic was set up in the southern half of
the Korean Peninsula while a Communist-style government was
installed in the north. During the Korean War (1950-1953), US and
other UN forces intervened to defend South Korea from North Korean
attacks supported by the Chinese. An armistice was signed in 1953,
splitting the Peninsula along a demilitarized zone at about the 38th
parallel. Thereafter, South Korea achieved rapid economic growth
with per capita income rising to roughly 20 times the level of North
Korea. South Korea has maintained its commitment to democratize its
political processes. In June 2000, a historic first North-South
summit took place between the South's President KIM Dae-jung and the
North's leader KIM Chong-il.