EMPHASIS VIDEO ENTERTAINMENT LIMITED
 
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DEFAULT (국가부도의 날)
DISTR Airline, World
 
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Completed - KOREAN - Drama - 114 minutes

Log Line

A three-strand narrative exploring the 1997 Asian financial crisis, its impact on Korea and the country’s subsequent US$58 billion bailout by the International Monetary Fund.

Year of production : 2018

Director(s) : Kook-Hee CHOI
Cast : Hye-Soo KIM , Ah-In YOO, Vincent CASSEL, Joon-Ho HUH

Synopsis

The Bank of Korea’s Monetary Policy Manager Si-hyun (Kim) predicts a massive national financial crisis and reports it to her superiors. Ten days later, the bank’s senior management schedule an emergency summit but do so without notifying the public of the grave situation facing the country. Si-hyun urges for the crisis to be made public but her plea is ignored and the meeting is held behind closed doors.

Financial consultant Jung-hak (Yoo) notices the hemorrhage of foreign funds from financial markets and learns that international firms have ordered an all-out investment withdrawal from the country. Resigning from his position at the bank, he plans to play the odds on what he’s sure is a coming crisis. And he secretly starts gathering investors willing to do the same.

Family man Gap-su (Huh) runs a small tableware factory. Eager to obtain a contract from a large department store and oblivious to the looming financial crisis, he accepts a promissory note as a substitute for cash payment. Soon after, the financial upheaval becomes reality and the store goes into bankruptcy leaving Gap-su unable to pay his creditors.

Production

Country(ies) : KOREA (South)

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Festivals and Awards

International Film Festival & Awards • Macao 2018 (Special Presentations)
Udine Far East Film Festival 2019 (Competition)
Beijing International Film Festival 2019 (Vision)
Korean Film Producers Association Awards 2019 (Best Screenplay)
Shanghai International Film & TV Festival 2019 (Spectrum-Alternatives)
The Blue Dragon Awards 2019 (Best Supporting Actor)
Bucheon International Fantastic Film Festival : BIFAN 2019 (Gorgeous Charming Dangerous, KIM HYE-SOO)
Korean Film Festival in Hungary 2019 (Focus)
Buenos Aires Korean Film Festival 2019
Paris Korean Film Festival 2019 (Landscape)


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