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This six-part series recounts the shared experience of Asian countries as they weathered through the Asian economic storm of 1997.

It’s the story of how countries like South Korea, Thailand, Indonesia, Malaysia, Hong Kong and Singapore responded to the financial crisis and the arduous journey of recovery that each country made to get their economy back on track.

Tune in every Thursday at 9.30pm Singapore time, on Channel NewsAsia.

Episode 6
First telecast: 21 September 2006

It was the world’s 11th largest economy, and recently admitted into the exclusive league of industralised nations.

But by the end of 1997, South Korea was on the brink of default – requiring the largest bailout in the history of the IMF and the World Bank.

How did South Korea go from boom to bust in a decade? How does its tripartite relationship between government, chaebols and labour unions affect the unfolding of the crisis?

And how did its people muster the Korean spirit of “uri-ism” (togetherness) to ride out the crisis?

In the last episode of Asia Rebounds, we travel to Seoul to discover the factors behind the city’s dramatic recovery, and its people’s take on how Seoul righted the wrongs in their economy and society.


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Catch Asia Rebounds at these times:

Singapore
Thursday 9.30pm

Repeat:
Friday 12.30am, 12.30pm & 5.30pm
Saturday 7am

Regional
Thursday 9.30pm (HK& MNL), 7pm (DEL), 8.30pm (JKT)

Repeat telecasts:
Friday 12.30am, 12.30pm & 5.30pm (HK& MNL), 10pm (Thu), 10am & 2pm (DEL),
11.30pm (Thu), 11.30am & 4.30pm (JKT)

Saturday 7am (HK& MNL), 3.30am (DEL), 6am (JKT)

 


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