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
Multicultural family in South Korea to adapt to Korea and to support economical self-reliance. But the number of them has been increased and some of them acquired Korea nationality. Third, children of North Korean refugee family called 'saeteomin' as a defector. They acquire Korea nationality through naturalization. They have cultural problem because South Korea and North Korea have been formed different culture after the division of Korea into north and south. "What kind of cultural problems? Examples please." Immigrant Youth is an adolescents who come to Korea after growing in their own country because of their parent's remarriage with Korean or a children of International