Asia’s other reform story: South Korea

Don’t compare Korean president Park Geun-hye’s reform effort to Abenomics. Think Singapore.

Asia’s other reform story: South Korea

This country’s relatively new leader has called for economic restructuring to reduce its reliance on exports, deregulate finance, boost services and support small, private companies. Is it China Japan Well, maybe, yes but South Korea’s president, Park Geun-hye, is also out to reconfigure her nation’s industry.

And unlike the leaders of China and Japan, who promise much but have a more questionable track record of delivery, Park may prove more forceful in achieving her aims....

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