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Opinion
Columnists
  • Park Moo-jong
  • Choi Sung-jin
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Sun, January 24, 2021 | 11:45
Abe stumbles
My office is near the Japanese Embassy, and every Wednesday I can hear the shouts of protesters at their weekly demonstrations, demanding that Tokyo pay reparations to the Korean women who were used as sex slaves by the Japanese army during World War II.
2014-08-27 17:03
Happy days are here again
By John Burton Korea suddenly has a spring in its step, or at least the stock market does. Punters are optimistic about the stimulus measures unveiled by new Finance Minister Choi Kyung-hwan.So popular are his proposals that they have already been dubbed “Choinomics” in reference to “Abenomics,” the economic booster shots administered by Japanese Prime Minister Shinzo Abe when he came to power in late 2012 to combat his country’s stagnant growth.The crux of Choinomics was spelled out in a speech given by Choi as soon as he was appointed in mid-July. He prop...
2014-08-13 16:55
A 15th century lesson
In the early 15th century, Korea possessed one of the most revolutionary technologies of its day: printing with moveable type. Although invented in China, Korea was the world’s leader in the application of the technology as early as the 13th century.
Ko Dong-hwan2014-07-16 17:26
Singapore redux
It was December 2009 and my family and I were looking forward to celebrating Christmas. Instead we soon found ourselves scrambling to pack up our home in Singapore. The government had given us two weeks to leave the country, where we had been living for the past eight years, after the authorities refused to renew our residence permits. I had no doubt that the government was taking retribution for my “critical” articles about Singapore as the correspondent for the Financial Times. I knew I was in trouble several weeks earlier when I went to the Ministry of Manpower, which is in charge of issu...
2014-07-02 16:58
A fresh start
The recent reshuffle of the Cabinet and Blue House senior staff in the wake of the Sewol tragedy has given President Park Geun-hye the opportunity to make a fresh start in achieving what could be the biggest legacy of her administration: creating "the creative economy." The Sewol disaster has given impetus to this goal since the event once again revealed the extensive web of corrupt ties between government regulators and businessmen that have prevented the changes needed for economic innovation and Korea's future growth.
2014-06-18 16:52
Korea's debt trap
Korean industry may be bemoaning the strengthening of the won because it hurts exports, but the country should see it as a sign of foreign confidence in the economy. Korea has many advantages that are attracting capital from overseas, which is increasing the value of the won against the U.S. dollar and other currencies. These favorable factors include a growing current account surplus, a low government budget deficit, a stable yield curve and moderate bank lending. All of these suggest that Korea is maintaining a healthy financial system, unlike many countries in the West.
2014-06-04 17:04
The Russians are coming
One unexpected and perhaps ironic consequence of Russia's stand-off with the West over the Ukraine is Moscow's renewed role in playing peacemaker on the Korean Peninsula in hopes of increasing natural gas sales to Northeast Asia. The Ukraine crisis has forced European countries to reconsider their heavy dependence on Russia for gas supplies. The threat that Russia could lose future gas sales in Europe has accelerated existing plans by Moscow to boost gas shipments to China, Korea and Japan, where demand is growing faster than in Europe and where gas prices are higher.
2014-05-21 17:01
Korea's Google challenge
Many American university graduates regard Google in the same way as their Korean counterparts view Samsung Electronics: it is their top choice for a job. But there is one important difference. Among the new hires at Google are those with little or no college university - and I’m not talking about the kitchen staff. Such a state of affairs at Samsung or any other leading Korean company is unimaginable. Paper credentials are the key to success. As Korea grapples with the Sewol tragedy, one of the clear lessons is the failure of Korean management to respond to a sudden crisis. Anyone familiar w...
2014-05-07 17:03
Sampoong at sea
As I read accounts of the capsizing of the ferry Sewol, it brings to mind disturbing parallels with Korea’s biggest peacetime disaster: the collapse of the Sampoong Department Store in southern Seoul in 1995, which killed 502 people. One of the distinguishing features of both disasters was the dereliction of duty by those at the top.
2014-04-23 16:59
Taming Tokyo
President Obama's forthcoming trip to Korea and Japan in late April is partly meant to narrow the growing differences between Washington's two important allies in Northeast Asia.
2014-04-09 17:11
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