Korean Dynasty

Korean Dynasty

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The dynastic tradition lives on in industrial Korea. No organization exemplifies this more so than the Hyundai group, founded by Chung Ju Yung after World War II and now one of the world's largest, most diversified mercantile empires. In this, the first book ever to focus on a single Korean chaebol or business conglomerate, Donald Kirk examines the rise of Hyundai, Chung's economic and political power - and the division of the spoils among his large family. Here is a tale of one man's vision, of a nation's struggle for greatness, of political and personal intrigue - and, not least, of the clash between Confucian and Western cultures that has become a motif of the explosive growth of the Pacific rim economies.He believed Hyundai Motor had conquered the paint problem by importing facilities from Duo in Germany, and he insisted aquot;the quality ... the Honda Civic or the Toyota Tercel or Corolla or the Nissan Sentra or the Subaru Justy or the VW Fox or the Daihatsu Parade or the ... Hyundai had rung up sales of 168, 882 the first year, an industry record, and 263, 610 units for 1987aquot; a€” and in 1991, aquot;though Hyundaianbsp;...

Title:Korean Dynasty
Author:Donald Kirk
Publisher:M.E. Sharpe - 1994


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