Economy: Economic News, Policy & Analysis - The Washington Post: South Korea’s businesses pay the price for Lee’s tough policy toward the North

Economy: Economic News, Policy & Analysis - The Washington Post Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post.

South Korea's businesses pay the price for Lee's tough policy toward the North May 11th 2012, 13:36 SEOUL — For much of the previous decade, South Korean leaders encouraged private companies to do business with the authoritarian North, seeing the joint ventures as a chance for both profitmaking and peacemaking. But South Korean president Lee Myung-bak has used a series of increasingly aggressive measures to cut off those deals, in the process forcing South Korean companies into bankruptcy and leaving business executives bitter about Seoul's policy U-turn. Read full article >>

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