Daewoo is South Korea's litmus test

Article Abstract:

South Korea's restructuring program cannot be called a success unless it leads to the overhaul of powerful chaebols that have gone bankrupt. The giant Daewoo conglomerate is a case in point. This chaebol, which had debts of $53.58 billion in 1998, is not expected to become solvent any time soon given the size of its debts. However, while regulators have announced plans to force the closure or sale of several Daewoo units, not much else seems to have been done to accelerate the restructuring of this particular chaebol.

Diversified Companies, Strategy & planning, Management, Conglomerate corporations, Economic policy, Corporate reorganizations, Daewoo Corp.

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Realigning South Korea's development model

Article Abstract:

South Korea is making a shift toward what some experts call toward the "new economy." At the same time, the nation must deal with slow reform in the financial and corporate realms.

Government revenues

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South Korea: A Phoenix Rises

Article Abstract:

Despite the breakup of Hyundai, and problems at Daewoo, South Korea's economy is stronger than the stock market's poor performance might otherwise indicate.

Foreign trade, Financial analysis, Editorial

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