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north hacks south
South Korea's military says its cyber command came under attack by North Korean hackers. -
president syngman ree steps down
President Syngman Ree steps down after student protests against electoral fraud. New constitution forms Second Republic, but political freedom remains limited. -
Gwangju massacre
Martial law declared after student demonstrations. In the city of Gwangju army kills at least 200 people. Fifth republic and new constitution. -
change in the Constitution
Constitution is changed to allow direct election of the president. -
cloning scientests
South Koreans are shocked by revelations that cloning scientist and national hero Dr Hwang Woo-suk faked landmark research on stem cell research. 2006 October - Foreign Minister Ban Ki-moon is appointed as the UN's new secretary-general. He takes office in January 2007. -
free trade
South Korea and the US agree on a free-trade deal after 10 months of talks, although US Congress only ratifies it in 2011. -
stabilization
Government announces $130bn financial rescue package to shore up the banking system and stabilize markets aims global financial crisis. -
political crisis
President Park Geun-Hye is embroiled in a political crisis over revelations that she allowed a personal friend, with no government position, to meddle in affairs of state. She is later impeached. -
economic and politicial state
Property Rights, Government Integrity, Judicial Effectiveness, Labor Freedom, Monetary Freedom, Trade Freedom are all up and Government Spending, Tax Burden, Investment Freedom, Financial Freedom, Business Freedom are all down and judicial effectiveness, and fiscal health have stayed the same -
map of korea
