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Road kill: government acts to slow highway slaughter

Article Abstract:

The South Korean government is pursuing a policy of improved traffic safety to cut the number of fatalities from automobile accidents. Police enforcement of traffic laws is highlighted in a campaign known as Traffic Life 5,000. The chances of traffic fatality are 10 times higher than in the US, with 11,640 deaths and 326,000 severe injuries in 1992. Drunk driving was already emphasized in 1992 enforcement crackdowns, and it only accounts for less than 3% of traffic deaths, so other traffic laws are now in focus.

Author: Paisley, Ed
Publisher: Review Publishing Company Ltd. (Hong Kong)
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
South Korea, Transportation policy, Traffic safety

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Testing times

Article Abstract:

A combination of economic and political factors is expected to affect Hyundai Motor Company Ltd's share performance in 1993. The conglomerate's upcoming collective-bargaining agreement with its union is also expected to influence future share prices. Hyundai companies are also expectedto be prime targets in the government's efforts to limit the economic clout of business conglomerates.

Author: Paisley, Ed
Publisher: Review Publishing Company Ltd. (Hong Kong)
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
Motor vehicles and car bodies, Column, Automobile industry, Securities, Hyundai Motor Company Ltd.

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