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Word: parkes (lookup in dictionary) (lookup stats)
Dates: during 2000-2009
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...developing world has had no shortage of dictators who made lofty promises to uplift the poor and build powerful nations. Few ever delivered. But then there is South Korea's Park Chung Hee. A general who took control of South Korea after a coup in 1961, he ruled, often with an iron fist, for 18 years. Yet he was also deeply moved by South Korea's destitution. In the early 1960s, the country's per capita national income was just over $100 and the economy depended on American aid. Park, a virulent nationalist, vowed to do something about this...

Author: /time Magazine | Title: Losing Traction | 2/26/2009 | See Source »

...solution Park divined was to hitch South Korea's future to an expanding global economy. The country took advantage of its cheap labor to manufacture necessities like shoes and clothes to sell to consumers in the developed world, particularly those in the U.S. The strategy proved to be wonderfully efficient. It drew investment capital into the country, generating factory jobs for impoverished farmers, infrastructure to supercharge commercial development, and otherwise produced wealth South Korea could never have generated on its own. Eager to raise living standards in their own countries, Asian policymakers and businessmen to varying degrees adopted the same...

Author: /time Magazine | Title: Losing Traction | 2/26/2009 | See Source »

...Much of a Good Thing the problem with the tiger economies is that, four decades on, the spirit of Park Chung Hee is alive and well. While the mix of products may have changed from sneakers and stuffed toys to microchips and flat-panel TVs, the tigers remain heavily reliant upon exports to power growth. And like any addict, they're now experiencing the pain of rapid withdrawal as factories close and millions of workers across the region lose their jobs. Homelessness is on the rise in South Korea's capital, Seoul, where at 2 a.m. each night the city...

Author: /time Magazine | Title: Losing Traction | 2/26/2009 | See Source »

...there was one in particular who bore careful scrutiny. Guandique attacked two female joggers in Rock Creek Park in the months surrounding Levy's disappearance, on May 14 and July 1. In both cases, brandishing a knife, he attacked his victims from behind and wrestled them to the ground. (Both struggled to free themselves and were able to escape relatively unscathed.) Apprehended after the second attack, Guandique admitted during questioning that he had seen Chandra Levy in Rock Creek Park...

Author: /time Magazine | Title: The Chandra Levy Case | 2/25/2009 | See Source »

...suspect. He was sentenced in Feb. 2002 to 10 years in prison for his attacks on the two joggers; today he is an inmate at a federal prison in California. Years later, noting that the pattern of assaults and the fact that the attacks in Rock Creek Park stopped after the Salvadoran was jailed, one police profiler told the Washington Post: "Guandique stands out like a neon sign...

Author: /time Magazine | Title: The Chandra Levy Case | 2/25/2009 | See Source »

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