South Korea marks unhappy anniversary of Asia's financial crisis

When South Korea's economy was facing ruin two decades ago, the government was rescued by the International Monetary Fund in a multi-billion dollar bailout.

    When South Korea's economy was facing ruin two decades ago, the government was rescued by the International Monetary Fund in a multi-billion dollar bailout.

    It has enjoyed an incredible recovery since then and is touted as a success story amongst Asian economies. But many South Koreans still remember giving up their gold in exchange for cash.

    Al Jazeera's Kathy Novak reports from Seoul.


    YOU MIGHT ALSO LIKE

    150 years of 'Das Kapital': How relevant is Marx today?

    150 years of 'Das Kapital': How relevant is Marx today?

    The seminal work of the 19th century economist still provides a framework for understanding contemporary capitalism.

    The shocking story of Israel's disappeared babies

    The shocking story of Israel's disappeared babies

    New information has come to light about thousands of mostly Yemeni children believed to have been abducted in the 1950s.

    Africa is not poor, we are stealing its wealth

    Africa is not poor, we are stealing its wealth

    It's time to change the way we talk and think about Africa.