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제목SOUTH KOREA: DEMONSTRATIONS OVER ECONOMIC CRISIS


설명Some 30 thousand workers, farmers and students marched in Seoul on Sunday, demanding speedy reforms to overcome South Korea's prolonged economic crisis. Before starting the 2 kilometres (1-point-25 mile) march in the south of the capital, the protestors issued a statement accusing the government of not doing enough to tackle the economic crisis which started a year ago. More than 10 thousand riot police were deployed to deal with any possible violence. There were some scuffles between police and demonstrators, but no reports of any arrests or serious clashes. The march followed a rally on a river bank, where participants strongly criticised what they felt was a lack of progress in resolving South Korea's economic crisis. The rally organisers, representing 60 labour and community groups. called on the government to disband debt-ridden conglomerates, and boost financial assistance for the unemployed. South Korea's family controlled chaebol, or conglomerates, have been criticised for borrowing heavily to expand their businesses. Experts say the practice is partly the cause of South Korea's present economic woes. About a dozen chaebol collapsed under a mountain of bank debts last year, causing a flight of foreign capital and triggering the country's financial crash. The International Monetary Fund offered a 58 (b) billion dollar bail-out, on condition that South Korea restructured the debt-plagued conglomerates. But critics say progress in government efforts to restructure the chaebol has been slow. The demonstrators were also unhappy with conditions for debt-relief imposed on South Korea by the I-M-F. SOUNDBITE: (English) "We cannot stand these kinds of attacks on the lives of the people. The government must oppose radical programmes of the IMF and start to work on defence of the lives of the people" SUPER CAPTION: Yoon Young Mo, spokesman for the Korea Confederation of Trade Unionists South Korea is facing its worst unemployment problem in 32 years. 1-point-65 (m) million people are now out of work: that amounts to some 7-point-6 percent of the labour force. Workers say they have become scapegoats for corporate mismanagement. You can license this story through AP Archive: http://www.aparchive.com/metadata/you... Find out more about AP Archive: http://www.aparchive.com/HowWeWork


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날짜1998-11-09


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식별번호KC-R-05369


제목SOUTH KOREA: DEMONSTRATIONS OVER ECONOMIC CRISIS


설명Some 30 thousand workers, farmers and students marched in Seoul on Sunday, demanding speedy reforms to overcome South Korea's prolonged economic crisis. Before starting the 2 kilometres (1-point-25 mile) march in the south of the capital, the protestors issued a statement accusing the government of not doing enough to tackle the economic crisis which started a year ago. More than 10 thousand riot police were deployed to deal with any possible violence. There were some scuffles between police and demonstrators, but no reports of any arrests or serious clashes. The march followed a rally on a river bank, where participants strongly criticised what they felt was a lack of progress in resolving South Korea's economic crisis. The rally organisers, representing 60 labour and community groups. called on the government to disband debt-ridden conglomerates, and boost financial assistance for the unemployed. South Korea's family controlled chaebol, or conglomerates, have been criticised for borrowing heavily to expand their businesses. Experts say the practice is partly the cause of South Korea's present economic woes. About a dozen chaebol collapsed under a mountain of bank debts last year, causing a flight of foreign capital and triggering the country's financial crash. The International Monetary Fund offered a 58 (b) billion dollar bail-out, on condition that South Korea restructured the debt-plagued conglomerates. But critics say progress in government efforts to restructure the chaebol has been slow. The demonstrators were also unhappy with conditions for debt-relief imposed on South Korea by the I-M-F. SOUNDBITE: (English) "We cannot stand these kinds of attacks on the lives of the people. The government must oppose radical programmes of the IMF and start to work on defence of the lives of the people" SUPER CAPTION: Yoon Young Mo, spokesman for the Korea Confederation of Trade Unionists South Korea is facing its worst unemployment problem in 32 years. 1-point-65 (m) million people are now out of work: that amounts to some 7-point-6 percent of the labour force. Workers say they have become scapegoats for corporate mismanagement. You can license this story through AP Archive: http://www.aparchive.com/metadata/you... Find out more about AP Archive: http://www.aparchive.com/HowWeWork


생산자AP Archive


날짜1998-11-09


언어영어


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연관링크https://youtu.be/DiXInDjxMhA


기록유형동영상


기록형태영상클립


대주제IMF협상


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