Chaebol

 
President Park Geun-hye at her inauguration on Monday. Photo: AP

Finding a new formula for S Korea to grow and prosper

The life of Park Geun-hye, South Korea's just-inaugurated first woman president, has so far been bookended by two larger-than-life men of debatable success. The first is her father, Park Chung-hee, the dictator who ruled the country for 18 years until his assassination in 1979 and second is her predecessor, Lee Myung-bak