Word: koreanized
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...trade by promoting domestic consumption and expanding service sectors. Park Chung Hee's growth model discouraged investment in domestically focused sectors and consumer spending - both of which could provide a cushion to Asian economies in global downturns. Vestiges of his biases remain, to the detriment of the South Korean economy. For example, South Korea hasn't developed the kind of social services, such as day-care centers for the children of working parents and homes for the elderly, that would relieve some of the financial burdens on working-class families and encourage them to spend rather than save. "What tended...
...tigers are already heading in the right direction. Shortly after South Korean President Lee Myung Bak took office last year, he launched a program to improve the services sector by increasing financial assistance to targeted businesses and by reducing red tape. Taiwan President Ma Ying-jeou is undertaking his own deregulation program, with a special focus on Taiwan's biggest trading partner, China. Ma believes that sectors of Taiwan's economy, such as tourism and finance, have been stunted by the island's political standoff with Beijing. (China considers Taiwan a renegade province.) Ma is pushing for an agreement with...
...Termite (the portions that feature Leavitt occur on the same days as the other perspectives, but nine years before). Leavitt is an American soldier in South Korea who is devoted to his wife (read: does not have sex with prostitutes), and, ultimately, gives his life to protect a young Korean mother and her blind child from American fire. Lark and Termite are half-siblings through their mother, who dies before the narrative begins. Though 17, and just discovering her own sexuality for the first time, Lark is completely devoted to Termite’s care. She decides...
...supplying bereaved pet owners with a copies of their deceased pets and police with new K9 units is not the only goal for many of these Korean scientists. Since canines share more disease patterns with humans than any other animal species apart from mice, animal reproduction experts like Lee and Kim Min Kyu at Chungnam National University see dogs as a great medical resource. "Dogs have similiar physiology and can communicate with humans,' explains Lee. He is currently working on producing a "transgenic" dog - or a dog whose DNA is manipulated to either delete or introduce new genes - to enable...
...worst-off of all the beleaguered chipmakers are the six major DRAM manufacturers in Taiwan, which lost a combined $3.5 billion in 2008, according to the Taiwan government. Taiwan's firms are in especially rough shape because they lack the scale, financial resources and technical prowess of their larger Korean and American rivals. The companies' woes are pushing the Taiwan government toward a bailout of the industry. "We have the intention and the resolve to help the DRAM companies through difficult times," Taiwan President Ma Ying-jeou reportedly told electronics industry executives in early January. Aid is crucial, policymakers believe...