Korea: Tiger of Asia

"South Korea boasts the third-largest economy in Asia. This program examines how cheap government loans encouraged the growth of large conglomerates, and how new policies are helping small and medium companies to develop. A representative of a British automobile company discusses the Korean government’s use of onerous anti-business tactics, such as tax audits on those Koreans who buy imported cars. Officials from conglomerates Daewoo, Samsung, and Hyundai discuss the business practices that contributed to their success. A British computer executive discusses ways in which foreign companies can cope with Korean business regulations and customs. A BBC Production. (30 minutes)" (text from Films for Humanities and Sciences)