financial Archives - Jeremy C. Processing

Take Care of My Cat
(Go-yang-i-leul
Boo-tak-hae,
고양이를 부탁해)

Director – Hong Eun-won – 2001 – South Korea – Cert. PG – 112m

****

A cat passes between a group of twentysomething girls as each one finds they can no longer look after it – plays in Echoes In Time | Korean Films of the Golden Age and New Cinema which runs from Monday, October 28th until the end of 2024 at BFI Southbank

(2024 explanatory note: This was, I believe, the first South Korean film to get a UK theatrical release. It was certainly the first one I ever reviewed, for What’s On in London back in 2002. Soon after this, Metro-Tartan film distributors would release a good deal of horror / thriller / action movies in cinemas and on DVD under their Asia Extreme brand, but it would be a long time before the UK saw the theatrical release of another South Korean film outside of those genres. What follows below is the What’s On in London review from 2002.)

Two areas of the world currently make its most interesting films. One is Iran and surrounding area, which has been fairly well represented in terms of UK releases. The other is South Korea, largely and criminally neglected by UK distributors.… Read the rest

Default
(Gukgabudo-ui Nal,
국가부도의 날)

Director – Choi Kook-Hee – 2018 – South Korea – Cert. 12 – 114m

****

Drama fictionalises the economic crisis of mid to late 1990s South Korea and the role played by banking, government and speculators – teaser screening from the London Korean Film Festival (LKFF) 2019

The year is 1996. The news media are championing South Korea’s economy as it seemingly goes from strength to strength, never questioning whether financial institutions might in fact be pursuing practices which are sooner or later going to have disastrous economic results. Ms. Han Si-hyun (Kim Hye-su) who runs a fiscal policy unit at the Bank of Korea submits a devastating report to the Bank’s governor, explaining that she and her small department have procedures set in place to save the economy and protect ordinary Koreans from disaster.

The politicians have a very different agenda, however, specifically the smarmy Vice-Minister of Finance (Jo Woo-jin) who views financial collapse as a way to weaken the rights of the working class and restructure the economy in favour of large business interests. Although it’s not name checked, there are echoes here of Naomi Klein’s book The Shock Doctrine and the film based upon it.… Read the rest