Elected in 2017 following the resignation and subsequent jailing of the disgraced Park Geun-hye, Moon Jae-In became the 12th President of South Korea. However, his legacy needs more to be desired. While his administration’s handling of the coronavirus pandemic proved effective relative to other Western economies, spiralling housing and energy costs alongside a slowing domesticContinue reading “Korean economy under Moon”
Tag Archives: finance
Dazzling Dubai
Dubai. A symbol of extreme wealth. Prudent fiscal policy & a low crime environment are to thank for driving a competitive business environment that fostered unrivalled prosperity. Using its oil reserves to guide its development has put Dubai and the UAE in a strong position as the world transitions towards renewable sources and away fromContinue reading “Dazzling Dubai”
Korean Healthcare
The NHS in the UK currently provides the worst access to healthcare in Europe, despite spending as a percentage of GDP levels akin to its neighbours; by comparison, South Korea consistently ranks as one of the best healthcare systems in the world. A comprehensive, single-payer health insurance system achieves this, harnessing the benefits of theContinue reading “Korean Healthcare”
Docklands’ Devolution Success
Economic devolution is a powerful tool that can be used to promote economic growth and development in regions that have been neglected in the past. It is a process that involves transferring economic power and decision-making from a central government to local or regional authorities. The idea behind economic devolution is to give local authoritiesContinue reading “Docklands’ Devolution Success”
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