Breaking Up Chaebol Not Main Issue: Lee Kuan Yew

Korea Times (Seoul, Korea), October 22, 1999 | Go to article overview

Breaking Up Chaebol Not Main Issue: Lee Kuan Yew


Whether or not large Korean conglomerates should be broken up is not quite so important as finding the right entrepreneurial managers to run them, said former Singaporean prime minister Lee Kuan Yew yesterday.

``The need to get the (economic) system right cannot be refuted but what is more important is how it must be done,'' he said, noting that Korea has unfortunately been suffering from Japan's predicaments.

Hiring the right management, allocating capital more efficiently and basically reshaping the economy into a more competitive form through restructuring will get Korea back on track, Lee said.

Lee, the father of Singapore's success story, made the remarks during the first session of the Seoul Economic Forum held under the theme of ``The World in the 21st Century.''

He is here with 10 other internationally prominent figures, all of whom make up the International Advisory Council of the Federation of Korean Industries which is organizing the forum as the inaugural meeting.

Former U.S secretary of state Dr. Henry Kissinger, chairman of the council, opened the session by expressing his concern for the international affairs in the 21st century.

He said unlike the United States, which always had the option to exist on its own, Asian countries must coexist in a situation where they constantly view each other as potential opponents.

Because of this unique situation, tension is inevitable and the important thing is to manage it for long-term interests not try to prevent it, Kissinger noted.

Commenting on the situation within the Korean peninsula, the Nobel Peace Prize laureate said South Korea should have a spirit of conciliation, balanced by strength, so that conciliatory initiatives are not taken as weakness. …

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Breaking Up Chaebol Not Main Issue: Lee Kuan Yew
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Full screen

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.