III. Overseas Chinese Capital in East Asian Region
1. Hong Kong
The population of Hong Kong is about 6.3 million and 98% of it is Chinese with 90% of them are from Guangdong province. The external structure of large corporates in Hong Kong seems to be westernized but the internal look shows rather family-oriented management system. Until 1988, ten family-owned companies dominated about 54
Roh Moo Hyun period’s government
Increase in welfare and tried to distribute wealth
Pursued the welfare government based on Keynesian policy
Aimed at rational reform govt, integrated-nation govt, openness govt, and hopeful government
3 main state affairs’ goal: realization of democracy, construction of balanced society, and construction of North East Asian society with peace and prosp
and supervision. Regardless of the cause, the reform had failed and the Korean economy collapsed. Foreign capital outflow was rapid and short term loans couldn’t be solved. The government announced its economic failure and the IMF came in to restructure the economy according to the Anglo-American model (Jeong, 1998).
Candidate comparison: background andpolicies
The 15th Presidential el
Background of Collapse
External Situation
1. Afghanistan War(1979.12.25.)
- Coup of PDPA causes Resistance : Crisis for SU,
Carried out an invasion
→ International condemnation
Economic & Military burden
2. Ne0-Cold War against US
- Ronald Reagan’s Election as President(1981)
: Hard-Line