Asian finance, Korea

The Roadblocks to Reform in South Korea

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South Korean President Moon Jae-in is shaking up the country’s Constitution. His recent constitutional amendment bill proposes a presidential system that caps a presidency at two consecutive four-year terms while limiting presidential powers and strengthening the rights of the prime minister and the National Assembly. In contrast to Moon’s proposal, the opposition parties (especially the […]

Environment

Winter Olympics site becomes battleground for IOC ideals

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What can the International Olympic Committee do when a host city refuses to heed its advice? HAYDEN OPIE, STACEY STEELE and SARAH YANG team up with Korean lawyer JI HOON PARK to analyse the controversy over a site for the 2018 Winter Olympics in Pyeongchang, South Korea. With the XXIII Olympic Winter Games scheduled to […]

Korea

South Korea’s deepening youth unemployment crisis

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The Korea Herald recently reported that 410,000 young people in their 20s were unemployed in South Korea, up from 330,000 in 2013, and a 15-year high.