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colour and often women in Latin America, Africa, the Middle East, Asia and the Caribbean. Ingrid Kvangraven cites research highlighting how few economic RCTs ask for or even consider the issue of informed consent to participating in economic RCTs, what should be an absolutely basic ethical principle of all research involving people. It found that only one in three participants in
shipbuilder, the third largest producer of semiconductors, the fourth largest electronics manufacturer, the fifth largest automobile maker, the sixth largest steel producer, and the seventh largest textile producer, Korea’s aspiration was hardly an empty threat.4 180 Korea: crisis, reform and recovery When the financial crisis unexpectedly hit Southeast Asia following the devaluation of the Thai baht on July 2, 1997, it was widely believed that the contagion would not spread to Korea. Not only was the Korean economy the second largest in East Asia, with a gross domestic
extremely low price of $7.5 million for 16,000 radios, in the hope that this loss-leader would provide an entrée into defence markets. It was later calculated that Hamilton was losing at least $200 per radio, while the substantial investment in a refurbished factory further sapped the ailing corporation’s resources. Undaunted by these problems, Guerin talked to colleagues about opening a division of the business in South East Asia and buying a corporate jet to transport executives between the proposed far-flung parts of the Hamilton empire. He also used his charismatic