South Korea Returns to Historic Trajectory

New government pursues traditional political and business paradigms

By: Shim Jae Hoon

Stiffening military preparedness against North Korea’s missile threats, and bringing more market deregulation to play in economic management – these are two principal orientations of the new government under president-elect Yoon Suk-yeol, who takes office on May 10.

That means South Korea, Asia’s fourth largest economy behind China, Japa…