Park steels for battle: resignation threatens party unity

Article Abstract:

Park Tae Joon's resignation announcement as co-chairman of South Korea's ruling Democratic Liberal Party (DLP) on Oct 10, 1992, may lead to the party's break-up. Political analysts consider Park's resignation as an endeavor to undermine party support for the DLP presidential candidate Kim Young Sam. The resignation is considered the result of long-simmering disagreement between Park and Kim and may result in a dissident group forming another party. Dissidents are also trying to persuade former Prime Minister Kang Young Hoon to join the presidential race to further challenge Kim's bid for presidency.

Officials and employees, Appointments, resignations and dismissals, Presidential candidates, Democratic Liberal Party (South Korea), Park Tae Joon

---

Goodbye to all that

Article Abstract:

A number of former South Korean student dissidents won in the Mar 1992 elections for the national parliament, where they are expected to have a major impact. Many of them were co-opted by main opposition groups such as the centrist Democratic Party because their records seem to convince voters about their commitment to social justice and the fight against corruption in government. However, election results also showed that voters are wary of dissidents linked to the radical left, indicating the decline in popularity of radicalism in a society that has become more affluent.

Political activity, Elections, Dissenters, South Korea. Parliament

---

Trial and error: Seoul goes for high-profile purges

Article Abstract:

Optimists cite the current trial of Daewoo Chairman Kim Woo Choong and other prominent businessmen as evidence that S Korean President Kim Young Sam's anti-corruption drive is working. Skeptics doubt that it can attack the root problems, and say such trials are simply attacks on political enemies. The scale of the bribery culture in South Korea is evident in the 1% of revenues that economists say companies pay under the table, and the 16 trillion Korean Won held in bank accounts under false names.

Cases, Cover Story, Political corruption, Bribery, Kim Woo-Choong

Similar abstracts:

• Abstracts: Alan Greenspan's worried signals. Alan Greenspan and the embrace of the duchesses. Alan Grenspan, fiscal fiddler
• Abstracts: The Benelux market for textile washing products. The French market for household cleaning agents. Household Cleaning Products in Belgium
• Abstracts: Safety net frays: South Korean authorities may turn blind eye to corporate collapse. Farming follies: South Korea weighs sweeping land reform
• Abstracts: Race against time: Mujahideen seek gains as peace nears. Ethnic animosities. Good omens
• Abstracts: Foreigners out of a job. White-collar waiver. Hiring and firing

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.