In 1960’s
Government-led industry
After Korea war – shortage
of private capital
1961 Foundation of Korea
Electric Power
Corporation(KEPCO)
Consolidation of transmission
supplier (조선전업) and
distribution supplier
(경선전기, 남선전기)
In 1970’s
_Development and growth / Private participation
1967 Allowance of
of 2011 and a record of 61.56 points in November of 1986
Major industries, Trading partners, Role in the global economy
· Indonesia has extensive natural resources, including crude oil, natural gas, tin, copper, and gold
· Major Export - oil and gas, electrical appliances, plywood, rubber, and textiles
· Major Import - machinery and equipment, chemicals, fuels, and foodstuffs
a century since its establishment.
During President Johnson’s retirement in 1981, GE had 250 operation divisions and was the most diversified company in the world, but its market value ranked only around 10th within the US. Also, GE’s long-term strategy and vision was blurred due to excessive diversification, even in the non-electric fields which also resulted in overall loss of profit.
Global Trend towards Protecting the Ozone Layer
Global Convention and Protocol
The Vienna Convention (for the Protection of the Ozone Layer)
The Vienna Convention is a treaty concerning the customary international law on treaties between states. It codifies some groundwork of international law trying to protect the ozone layer. The US was the one the biggest producers and consumers of
restructuring at the government's direction, reducing production while laying off thousands of workers.
Moreover, while the market for new automobile has decreased 46%, the U.S. Treasury Department does not foresee car sales to rebound this year or the next, particularly with baby boomers entering retirement, when people typically buy fewer cars. Some, especially in Detroit, argue that once the