Troy Stangarone
In May 2022, South Korean President Yoon Suk-yeol was elected on a platform calling for a break from his predecessor’s income-led growth strategy to one focused on deregulation and corporate tax cuts. While the new administration has taken steps to implement Yoon’s free market approach, external events have loomed large over South Korea’s trade-dependent economy.
Russia and the US add to South Korea’s economic challenges | East Asia Forum