#South Korea’s chaebol face reforms

For those that may be interested in the  business side of things.  This article does a good job at describing the current state of affairs.

From the Vancouver Sun: South Korea’s chaebol face reforms.

New president moves slowly to rein in powerful industrial conglomerates that dominate the economy

Most recently, the chaebol have become bloated oligarchies as South Korea has shifted from being a highly equitable society in the 1990s to developing a wealth gap approaching the level where it may threaten social cohesion.

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Author: DragonDon

Having a love of travel has lead me to move to South Korea in 2010. Moving to an Eastern culture from a Western culture is a wild experience and there is never a dull day!

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