Word: dae
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...South Korean President Kim Dae Jung, the crisis has also created an opportunity. Since taking office a year ago, Kim has launched one of the most ambitious economic makeovers any country has ever attempted. His aim is to transform a system built on debt, endless expansion and limitless export markets for industrial goods and consumer durables into a globally competitive economy that is as nimble as the rapidly changing marketplace demands. To make it work, he has placed his bets on creating a flexible, U.S.-style labor market in which companies are free to hire and fire as they please...
Donald P. Gregg, president and chair of the New York based Korea Society, brought a very recent political perspective to the table. He spoke with South Korean President Kim Dae-jung in Seoul last week...
...While acknowledging South Korea's unemployment rate of 7.5 percent and a $150 billion debt to foreign countries, Cho was optimistic about the future. He said three factors have helped push South Korea's economic recovery: the diplomatic efforts of Kim Dae-jung, South Korea's president, international aid, and the combined efforts of the people...
While acknowledging South Korea's unemployment rate of 7.5 percent and a $150 billion debt to foreign countries, Cho was optimistic about the future. He said three factors have helped push South Korea's economic recovery: the diplomatic efforts of Kim Dae-jung, South Korea's president; international aid and the combined efforts of the people...
...business contacts to pay for meals, they took it seriously," says Ahn, whose belt tightening has worked perhaps too effectively--he claims he lost 8 lbs. with all the extra running around on his last business trip. Other pleasurable business habits are also taking a pounding. Says Ryu Dae Hee, a Shinsegi Telecom manager: "It is no longer affordable to go drinking with leftovers from the travel budgets, and our business counterparts don't seem to expect treats anymore...