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Real Reality
Joined: 10 Jan 2003
Location: Seoul
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 Posted: Sat Dec 27, 2008 4:30 pm Post subject: Worsening Economic Hardship and Social Unrest |
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'Economic Hardship Likely to Fan Social Unrest in 2009'
By Lee Hyo-sik, Korea Times (December 26, 2008)
http://www.koreatimes.co.kr/www/news/nation/2008/12/123_36816.html
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Worsening economic hardship is expected to aggravate social unrest next year with more Koreans suffering from rising debts and slow income growth as a result of the tight job market and worsening economic conditions, according to the Samsung Economic Research Institute (SERI) Friday....
"Crimes related to economic hardship are projected to surge next year...." Choi said.
The institute also projected that the nation's job market will deteriorate to its worst level in 2009 since the currency crisis a decade ago in the wake of the ongoing global financial crisis and economic downturn, further aggravating social tension.
It said massive layoffs and forced retirements are highly likely....
SERI also said increasing scrutiny of teachers' performance and greater university autonomy in management and admission policies could further aggravate tension among various stakeholders. |
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justaguy
Joined: 01 Jan 2008
Location: seoul
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| Posted: Sat Dec 27, 2008 6:23 pm Post subject: |
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| I thought a bad economy made people happy. |
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ChinaBoy
Joined: 17 Feb 2007
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| Posted: Sat Dec 27, 2008 8:00 pm Post subject: |
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| Those pensioners are going to be mugging people left and right |
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weatherman
Joined: 14 Jan 2003
Location: Korea
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| Posted: Sat Dec 27, 2008 9:22 pm Post subject: |
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| SERI also said increasing scrutiny of teachers' performance and greater university autonomy in management and admission policies could further aggravate tension among various stakeholders. |
If teachers can't teach fire them. If 'stakeholders' don't like university autonomy send them to the North. Stop trying to cuddle up to all the stakeholders, or you end up with a wet blanket. Have some wits. |
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