Chaebol the claim that in order to be a competitive economy more power must be given to the chaebol. In recent years, the leading political parties of South Korea have reversed their pro-large corporate stance to one of economic diversification. Under Kim Dae-Jung and in the wake of the 1997 Asian Financial crisis, many reforms were made to the chaebol. Most of these changes pertained to corporate structure, transparency in financial reporting, corporate governance, and debt stabilization. In 1997, the IMF provided a bailout loan of $60 billion conditional on revision. Distressed financial institutions were to be closed down and those
Marriage in South Korea offering programs to help foreign wives to try to adjust to Korean society through Healthy Family Support Centers nationwide. Multicultural Family Support Centers in South Korea are operated and funded by the Ministry of Gender Equality and Family. The aim and purpose of these centers are to provide family education, counseling and cultural services for multicultural families, to support the early settlement of immigrant women in Korean society, and to help multicultural families enjoy stable family lives. By collaborating with local cities and provinces, the Support Centers manage to provide basic but necessary services to local women such as Korean