Friday, April 6, 2018

America Is Not the Only One With Politician Problems

South Koreans With Effigies of President Park
Credit: Getty Images
Subin Kim, a reporter with the BBC published an article earlier today discussing his research and analysis on the recent imprisonment of the South Korean president, Park Geun-hye. She was tried and found guilty of 24 years of corruption. In the article, Kim describes that South Korea has had a long history with its leaders and corruption citing Park's predecessor, Lee Myung-bak as well as the nation's 13th president, Roh Moo-hyun. He explains how one of the main reasons for this string of corruption is because of the government's dealings in the economy.
Many believe the tradition of the South Korean government taking a strong role in leading the economy is one of the major contributing factors. South Korea's modernisation was only kick-started in the 1960s and 1970s with dictator Park Chung-hee directing the heads of family-run conglomerates known as chaebols to establish industries. 
He then goes on to agree with the analysis of inter-Korean affairs expert Robert Kelly, who said, "Until the state steps back from the economy, such scandals will continue."
Read the full article Here.

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