Thinking big; South Korea's ambitions.(Seoul's wish to be a financial centre)

From: The Economist (US) | Date: April 12, 2003 | Copyright information

Looking for pluses in Seoul

Can Seoul become the financial centre of its boosters' dreams?

FIVE years ago, with South Korea's economy in tatters, the idea that Seoul might have ambitions to become North-East Asia's top financial centre--the match, and more, of Shanghai or Tokyo--would have been risible. Now it no longer looks quite so daft. The financial wreckage has been cleared up remarkably swiftly and the economy is growing healthily again, by no less than...