South Korea Looses $250 billion due to social conflict

I just read this interesting article in The Korea Times, which stated that Korea looses $250 billion a years to GDP (gross domestic product) due to social conflict in the form of political feuds, militant trade unions and "rent-seeking" activities of the government officials.  South Korea is rated below Slovakia, Poland, and Turkey in the OECD (Organization for Economic Cooperation and Development) countries ranked by the SERI (Samsung Economic Research Institute) report.  According to SERI researcher June Park, Korea could jump to a $24,000 GDP per capita.  Last year's per capita was $18,602, and in 1962, South Korea's per capita was something like $87 if I recall my history correctly...

Social Conflict Index from SERI (created on Excel 2008 for Mac)