In other words, they are currently investing more in education relative to their per-capita income
than the United States did at the beginning of the human-capital century.
Although no reliable data on the North Korean economy are available, it is generally thought that per-capita income
in the North is about one-10th of that of the South.
President Kim Dae Jung said Friday he expects annual per-capita income
in South Korea to rise to 13,000 U.
Bureau of Economic Analysis recently completed a survey of per-capita incomes
in 366 metropolitan areas across the nation.