This status contributes towards the higher tensions that divide the peninsula, and each states claim to be the sole legitimate government of Korea. South Korea is a regional power and a developed state, with its financial state rated as the earth's fourteenth-premier by GDP (PPP). Its armed forces are one of several entire world's strongest militaries, with the entire world's second-largest standing Military by armed service and paramilitary personnel. South Korea continues to be renowned for its globally influential pop culture, significantly in tunes (K-pop) and cinema, a phenomenon called the Korean Wave.
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