The mandarin
Article Abstract:
South Korean presidential candidate Lee Hoi Chang has support amongst the business community, but suffers from political connections with President Kim Young Sam. Lee's background suggests he is a man with high moral standards and a challenging stance. He promises widespread reform to financial and business structures, a reduction in interest rates to below 7%, and the creation of 3 million new jobs. However, Lee's Grand National Party includes many of the leading politicians from Kim's government, and it will be difficult for him to distance his supporters from responsibility for the economic crisis.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1997
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Reforming elections in China
Article Abstract:
Foreigners often assume that the outcome of elections in China, particularly those within the Chinese Communist Party, is pre-determined. In recent years the party has nominated slightly more candidates than available seats in a bow to democracy. In the recent elections for the Central Committee the preliminary vote was where the decision was made, whilst the actual vote was a formality. The election system requires reform as there is a strong sense of disaffection among party members, and even amongst the population in general.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1997
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Comment about this article or add new information about this topic:
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