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As major universities in Korea set up and operate a growing number of IT-related vocational schools and education programs, IT experts have grown from 1 million to 1.23 million between 1997 and 2003 (2004 IMD World Competitiveness Yearbook). According to International Institute for Management, South Korea is ranked 5th in terms of education level, with 40 percent of the population completing higher education after high school. Moreover, South Korean workers work more hours of the day than most countries reflecting 10 to 13 percent increases in productivity per year.. Rather than simply the high productivity and relatively lower wages, which are attractive factors, it is the high quality labor force that is more appealing to foreign investors...
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Common topics in this essay:
- South Korea
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