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François Bertrand

The Economist : The chaebol have mostly learnt their lesson, but some lapses continue - 0 views

  • Many of the changes have gone deep. After the crisis, foreign investors were welcomed, and now around half of the shares of Samsung Electronics and LGE are foreign-owned.
  • In practice the new rules were hardly draconian.
  • Moreover, no South Korean government appears able to resist the temptation to use the chaebol for policy ends.
  • ...3 more annotations...
  • Some of the biggest ones were exempted from the ceilings on outside shareholdings because they were giving support to Roh Moo-hyun’s favourite initiatives, such as investing in sectors designated as “growth engines”, promising to help build the “enterprise cities” that Mr Roh hoped would spread growth to the regions, or even attempting to do business with North Korea.
  • Still behaving badly
  • To this day chaebol families are more admired for their economic contribution than reviled for their criminal propensities, which are often viewed as the foibles of a ruling aristocracy. The chaebol families are the closest thing South Koreans have to royalty.
François Bertrand

Les Chaebol - Corean Paradox : La Corée vu par un Shadowrunner - 0 views

  • Sur le sol Coréen, Samsung, Hyundai, LG, SK ou Lotte sont incontournable renforçant l’idée de cette omniprésente main mise des Chaebol sur l’économie coréenne.
  • SsangYong
  • tel que iRiver ont profité des mesures du gouvernement Sud-coréen favorisant le développement des technologies de l’information.
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