Yoo Il-ho: Rising above scandal to restore growth

His boss has been ousted and new elections are imminent, but the political drama in Korea shouldn't detract from its finance minister's achievements in his year in office.

Yoo Il-ho: Rising above scandal to restore growth

When incumbent finance minister Yoo Il-ho took office in January 2016, the South Korean economy was not in rude health.  

Yoo was tasked with accelerating growth in Asia’s fourth-largest economy, which slowed to 2.6% in 2015 the slowest growth in three years. Perhaps his most important task was attempting to stem the sharp decline in exports, which had fallen for 12 consecutive months before Yoo took the job. 

South Korea...

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