A revolution in the boardrooms

Article Abstract:

South Korean President Dae Jung has abandoned Asian values in favor of global capitalism and has introduced a new form of Western-style economics that is aimed at boosting the country's economy. The South Korean economy sank into crisis in 1997, requiring a $58 bil bailout by the International Monetary Fund (IMF). Withe the help of IMF, the country is moving towards economic recovery faster than Japan and other Asian countries.

South Korea, International Monetary Fund, Economic policy, Economic development

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Taking power

Article Abstract:

Zhu Rongi, China's new Prime Minister, is expected to implement a radical restructuring plan that will dismantle and streamline many of China's state owned industries. The former economic czar must stimulate growth, rebuild China's state banking system, create millions of jobs and protect China from Asia's economic turmoil.

Political activity, Prime ministers, Zhu Rongji

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Beijing spring

Article Abstract:

China's new leadership and Bill Clinton's impending 1998 visit to China has allowed democracy debates to flourish in Beijing. The change differs from the 1989 predominantly student led protests, in that the urban middle class, the intellectuals and peasants are all participating.

Democracy

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