Search results
Results from the WOW.Com Content Network
The origins of the chaebol system in South Korea come as a consequence of the Korean War. The war resulted in much destruction and halted industrial production, which led the government to print money to pay for the war and meet the requirements of the United Nations forces for the Korean currency, [ clarification needed ] all of which caused ...
The Korean debt problem got worse when one of the Chaebols, called Hanbo, collapsed with US$ 6 billion debt. There were allegations that banks were pressurized by the government after being bribed by Hanbo. The situation worsened further when another Chaebol called Kia filed for bankruptcy.
Chaebol (alternatively Jaebeol) refers to a South Korean form of business conglomerate. The Korean word means "business group" or "trust", and is often used the way "Big Business" is used in English. The Korean word means "business group" or "trust", and is often used the way "Big Business" is used in English.
South Korean IMF; Date: 02.11.1997: Duration: 1997-2001 (3 Year) Location: South Korea: It was a case in November 1997 under the Kim Young-sam administration that Korea received funding from the International Monetary Fund (IMF) due to a lack of foreign exchange.
Every Korean chaebol business was started by a family group and 70 percent of chaebol [citation needed] are still managed by family members, and in order for the power and standing of these groups to grow stronger, many chaebol form alliances through marriage, with examples including Samsung and Hyundai. Many political affiliations are formed ...
WASHINGTON (Reuters) -President-elect Donald Trump said on Saturday the U.S. should not be involved in the conflict in Syria, where rebel forces are threatening the government of President Bashar ...
The Korean War (25 June 1950 – 27 July 1953) was an armed conflict on the Korean Peninsula fought between North Korea (Democratic People's Republic of Korea; DPRK) and South Korea (Republic of Korea; ROK) and their allies.
Note: Most subscribers have some, but not all, of the puzzles that correspond to the following set of solutions for their local newspaper. CROSSWORDS