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CITY POPULATIONS IN MILLIONS Tokyo 27 Mexico City 17 Sao Paulo 17 New York 16 Bombay 15 Shanghai 14 Buenos Aires 12 Calcutta 12 Los Angeles 12 Seoul...

Author: /time Magazine | Title: Time Warp | 4/13/1998 | See Source »

...sure I'm expert, but I've published abook (Golden Arches East: McDonald's in East Asia,Stanford University Press, 1997). It's aboutMcDonald's in East Asia: Hong Kong, Beijing,Seoul, Tokyo. It deals with the impact of thistransnational corporation; the book is reallyabout globalism. Globalism is everywhere, but veryfew people know how to deal with it. This is anattempt to look at what might be called atransnational system to see how it's treatedlocally. You see how McDonald's has changed theculture or more likely, how it's changedMcDonald's has changed dramatically...

Author: By David J. Kressel, | Title: Eat, Drink, James, Watson | 4/2/1998 | See Source »

...When I call my parents [in Seoul] it's the first thing we talk about," Bahk said. "When-ever I meet up with other students from South Korea, it's the first thing we talk about...

Author: By Nanaho Sawano, CRIMSON STAFF WRITER | Title: South Korean Financial Crisis Burdens Students | 1/21/1998 | See Source »

...SEOUL: Just as it shows signs of stabilizing its leaky financial ship, the South Korean government may be headed for an iceberg. For the past few weeks, South Korea has been propping up its sagging currency by furiously exporting gold donated by Koreans in ring-and-trinket form. But the flood of gold from Korea has actually driven down prices worldwide...

Author: /time Magazine | Title: South Korea's Reverse Alchemy | 1/14/1998 | See Source »

...TIME Wall Street columnist Daniel Kadlec says the Korean solution is dogmatic and potentially doomed. Gold prices have been dropping for more than 10 years. "Seoul may be grasping at the age-old rule, which is buy gold in times of crisis because it's a hedge against inflation," Kadlec says. "But the world has changed. Prices everywhere are dropping; the concern is for de-flation." In a year, the government may open its reserves and find a vault filled with lead...

Author: /time Magazine | Title: South Korea's Reverse Alchemy | 1/14/1998 | See Source »

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