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Kim Young Sam |
Also found in: Encyclopedia, Wikipedia | 0.04 sec. |
Kim Young Sam (1927- )South Korean democratic politician, president 1993-98. In 1990 he merged his Reunification Democratic Party with the ruling conservative Democratic Justice Party to form the Democratic Liberal Party (DLP), and was elected president in December 1992. As president, he encouraged greater political openness, some deregulation of the economy, and a globalization (‘segyehwa’) initiative. He granted amnesty to 41,000 prisoners, including pro-democracy demonstrators, and launched a drive against corruption. However in 1997 his own administration was involved in corruption scandals and his reputation was tarnished. As president, in 1996 he was instrumental in placing on trial the former presidents Roh Tae-woo and Chun Doo-hwan on sedition charges. In 1997 his reputation was damaged by a financial scandal related to the failed Hanbo conglomerate, and in October 1997 his son Kim Hyum Chul was fined $1.5 million and jailed for three years for bribery and tax evasion. He was replaced as president by the veteran opposition leader Kim Dae Jung, following elections which he was unable to contest as a result of Korea's term-limit rules.
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The main actors were Presidents Chun Doo Hwan, Roh Tae Woo, Kim Young Sam and Kim Dae Jung. The White House then consulted with South Korean President Kim Young Sam to ensure that the two democratic allies were working collaboratively to contain nuclear arms on the Korean peninsula. In Korea, the dispute has escalated still further - spawning a political impasse between the government of President Kim Young Sam and the country's labor union movement. |
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