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Documentary ㅣ JEONJU Cinema Project: Next Edition

1997

TAE Jun-sik
Korea 90min 4K color+b&w Documentary
Productioon Status Planning development
Goal of Participation Financing
LOGLINE

New IMF documents have been released. It is time to investigate whether our choices were right.

SYNOPSIS

Korea is one of those countries with particularly acute inequality, where it seems as if one’s own happiness is gained mostly through someone else’s misfortune. The Center for Freedom of Information and Transparent Society asked the IMF to disclose documents from its 1997 talks with the Korean government. Despite there being many possible solutions to the situation Korea was in at the time, the government chose to enter into negotiations with the IMF over a bailout. The following year, the government implemented a set of neoliberal policies such as the opening of Korea’s financial industry and greater labor flexibility. The results left deep scars in all our lives. Now it is hard to imagine any type of social solidarity. Did we make the right decisions in 1997?

DIRECTOR’S STATEMENT

In the first quarter of 2021, the quintile of equivalized market income in a household of more than one person was 16.20 times. It is the difference in market income between the lowest 20% and the highest 20% of households. When the pandemic is over, inequality will be worse. Many solutions will be tried to solve the inequality problem. However, we take the income gap based on skills and abilities for granted. Meanwhile, there is no sight of the state. The documentary goes back to the origin of today’s inequality and replays the financial crisis in 1997. Based on the newly-released IMF documents, the film will guide audiences to raise questions about the vanished nation.

DIRECTOR
TAE Jun-sik
He was a member of the activist media group Labor News Production and has been a documentarist and video activist. He has directed several documentaries, including Days of Human (2000), The War Waged by You and I (2010), The Backward Lands. He was also a member of the Korean Public Service and Transport Workers’ Union from 2017 to 2021.
The Backward Lands (2016), Leaving home (2016), This is the Command (2017)
PRODUCER
KIM Hwa-beom
He graduated from the Cinema Studies Department in the School of Film, TV & Multimedia at Korea National University of Arts in 2004. Thereafter, he worked at The Association of Korean Independent Film & Video. From 2007 to the present, he has been the director of film development and production at INDIESTORY Inc.
Omok Girl (2018), Move the Grave (2019), Show Me the Ghost (2021)
CONTACTamenic99@naver.com
Jeonju Office

(54999) 2F, JEONJU Cine Complex, 22, Jeonjugaeksa 3-gil, Wansan-gu, Jeonju-si, Jeollabuk-do, Republic of Korea

T. +82 (0)63 288 5433 F. +82 (0)63 288 5411

Seoul Office

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JEONJU Cine Complex

(54999) JEONJU Cine Complex, 22, Jeonjugaeksa 3-gil, Wansan-gu, Jeonju-si, Jeollabuk-do, Republic of Korea

T. +82 (0)63 231 3377