This position contributes towards the superior tensions that divide the peninsula, and the two states assert for being the only real genuine governing administration of Korea. South Korea is actually a regional power plus a developed region, with its financial state ranked as the earth's fourteenth-biggest by GDP (PPP). Its armed forces are one of several world's strongest militaries, with the entire world's next-largest standing army by navy and paramilitary staff. South Korea continues to be renowned for its globally influential popular culture, significantly in music (K-pop) and cinema, a phenomenon called the Korean Wave.
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