Word: mok
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Dates: during 1980-1989
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...preoccupied with investigations of corruption under the Chun administration and of the circumstances surrounding the Kwangju massacre, an attack in 1980 by army troops in that southern city during which at least 198 people were killed. "There's no way we can win," says D.J.P. Assemblyman Suh Sang Mok. "It's only a matter of how much we lose...
...father became President. In a gesture of populism, Lazaro Cardenas abandoned Chapultepec Castle, in which the Emperor Maximilian and nearly all subsequent Mexican rulers lived. Instead, the President, his wife and his son -- who was named for the last Aztec emperor and whose name is pronounced Kwa-tay-mok -- moved into Los Pinos, a white stone box set in a corner of Mexico City's Chapultepec Park. "I have only isolated images of it," says Cardenas of his boyhood home. "But one thing I do remember: I was given every possible opportunity to succeed...
While the government has earned praise for ending the Hyundai crises peacefully, it is wary of mediating again -- especially if that leads to financial bailouts. "The less of it, the better for everybody," says Suh Sang Mok of the Korea Development Institute, a government think tank. Intervening in remaining disputes may also be logistically impossible. At one point last week, the Labor Ministry reported that 485 companies were plagued by labor strife...
...Asian debts to become threatening would be a continued escalation of global protectionism. The Pacific countries have long kept many foreign goods out of their markets, and in recent years the U.S. and Europe have increasingly responded with moves to limit everything from imported textiles to cars. Suh Sang-Mok, vice president of the Korea Development Institute, asserted that his country, which has a foreign debt of $48 billion, is being squeezed by the trade policies of the industrialized world...
After managing the slowdown so successfully, the government now feels it has the latitude to increase spending next year by 10%. Board Member Suh Sang Mok, vice president of the Korea Development Institute, predicted that growth will hum along at a 7.3% pace in 1985 and that prices will rise only 2.5%. Said he: "I think our very low inflation rate is becoming more or less permanent...