How prepared is South Korea to stay competitive in the aftermath of the collapse of global banking? Comparable investment grade countries, particularly in Central and Eastern Europe, have floundered. Will South Korea's economy follow suit? Tom Byrne of Moody's Sovereign Risk Unit will address the vulnerabilities and strengths of South Korea relative to other investment grade countries.
Read more: Navigating Through Global Turmoil: The Case of South Korea
Read more: The Digital Content (R)Evolution and the Google Culture: Myths and Reality
Over the past eighteen months Korea has been buffeted by a financial crisis spreading out from the U.S. and Europe, a commodity boom and bust, followed by a global trade implosion. The era of "Great Moderation" gave way to unprecedented volatility. How is Korea coping and what lies ahead?
Read more: Turning Around a Bank in Korea: A Business and Cultural Challenge
Tae-Hee Yoon, a senior advisor at the International Finance Corporation (IFC), believes that the presidential system currently in place in South Korea has reached obsolescence and should be replaced by a parliamentary system. He contends that making this change in the form of governance is unavoidable if South Korea is to be successful in maximizing its economic potential and promoting its major national goals, including the eventual reunification with North Korea. In what promises to be a thought-provoking and unconventional presentation, Yoon will detail the inherent weaknesses of the current Korean political system by offering an economic analysis grounded in political and historical perspectives.
Read more: Parliament or Perish? Political Reform as a Prerequisite for Economic Growth