Long-term focus on Japan skews Korea military plans

Article Abstract:

Many top South Korean military planners conceive of a long-term military threat from Japan and steps are being taken even now to build up an externally-oriented defense. Given the history of the peninsula over the last 500 years, it is understandable that some may feel this way but some quarters are expressing concerns over the effect this could have on South Korean preparedness for the immediate threat from neighboring North Korea. Critics charge that instead of buying much-needed basic weapons systems, South Korea is spending huge amounts on sophisticated weaponry which would be ill-suited for a defense against an invasion from North Korea.

Evaluation, Military policy, Korea, South

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Samsung, on wings of charismatic chairman, plans rapid expansion away from electronics

Article Abstract:

Samsung Chmn. Lee Kun Hee's New Management Policy involves an ambitious expansion away from the company's core businesses of heavy machinery, electronics, finance and chemicals into the entertainment, transportation, automobiles and aerospace industries. Lee's vision is to make Samsung an internationally recognized conglomerate in the same category as Siemens AG and General Electric Co. Lee believes that Samsung Group can boost its annual sales from $54 billion in 1994 to $200 billion in the year 2001.

Management, Planning, Conglomerate corporations, Corporations, Samsung Group, Corporations, South Korean, Lee Kun Hee

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Fledgling Korean democracy emerges as ultimate hero of slush-fund scandal

Article Abstract:

The revelation of Korean ex-president Roh Tae Woo's slush fund of $654 million is perceived as a victorious effort of its newly found democracy. Roh was imprisoned for accepting bribes and kickbacks from 30 business leaders. It was under the leadership of newly-elected Pres. Kim Young Sam that led to exposure of the slush fund.

Cases, Political activity, Political aspects, Korea, Roh Tae Woo, Kim Young Sam

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