EAST 213 Lecture Notes - Lecture 18: Paternalism, Tp63, Economic Collapse
25 Aug 2018
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Document Summary
Kim byung kook and chang kyung sup articles negative view on korean politics. Kim dae jung - what did he signify - why was he the right leader to bring sk out of the. Imf crisis: symbolism of kwangju, perceived as a political outsider, reunification effort: kdj name was synonymous with innovative and unorthodox thinking especially on issues related to inter korean relations. Kim dae jung"s presidency: 1997-1998 peaceful transfer of power to opposition party. Demands of the imf bailout: seen as foreign interference and blow to self sufficiency of nation: conditions, 1. Restructure the banking system: state cannot interfere to bias some: 2. Downsize chaebol: take massive chaebols companies that were not profitable and bring them down (because wanted companies that were too big to fail: 3. Repay foreign debt to restore nation"s credit rating. Unresolved structural problems in the sk political system: 1.
