Over a pork barrel: presidential aspirant sways Seoul government
Article Abstract:
The ruling Democratic Liberal Party presidential candidate Kim Young Sam used his political influence to persuade the South Korean government to increase its 1993 budget and provide for a supplementary budget. Kim's action is seen as part of his preparation for the coming presidential elections. The availabilityof the budgets will enable Kim to project to the citizenry the image of an economically sound country. The image is envisioned to win for him voters. The proposed budgets, however, still have to be approved by concerned bodies.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
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Strength from adversity: President Kim turns poll defeat into political victory
Article Abstract:
South Korean Pres Kim Young Sam announced on nation-wide television on Aug 12, 1993 that anonymous or false-name financial accounts, a prime feature of the country's money-driven and often corrupt political system, had been prohibited. The announcement helped save Kim's Democratic Liberal Party from total defeat in the Taegu and Chunchon by-elections due to a vote-buying scandal revealed by the opposition Democratic Party. Kim may hope that the reform will diminish the power of his party's conservative faction.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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Family fiasco
Article Abstract:
The defection of Kim Bok Dong from South Korea's ruling Democratic Liberal Party (DLP) to the opposition United People's Party is expected to affect the presidential campaign of the DLP's Kim Young Sam. Kim Bok Dong, who is a brother-in-law of Pres Roh Tae Woo, said that the DLP's lack of vision forced him to bolt out from it. The UPP's presidential candidate Chung Ju Yung is expected to benefit from the defection of Kim.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
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