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To: darrellmaurina

If she is more like Margaret Thatcher on national security questions that alone will be good.

If I remember right, on the domestic front in Britain Margaret Thatcher took a number of steps at deregulation.

I believe this too will take shape under Park in two directions - one on the typical front of government deregulation, and the other on a front that seems out of character to deregulation but in the Korean sense is not - trimming the sails of the giant Chaebols (conglomerates - mostly one-family dominated - that I don’t believe America has ever experienced the likes of in terms of the GDP they represent). They too act as a brake on entrepeneurs, growth of small businesses into larger ones, diversity of capital investment as opposed to concentration of it, and many other “monopolistic” practices that if trimmed will open up the Korean economy more and increase economic opportunity as well. I believe she will attempt some of this sail trimming, even though her party has traditionally had more support from the Chaebols, as her father used them to help fast-track South Korean industrial development. The questions might be whether her own party will be the stumbling block or will the Chaebols themselves buy both sides of the isle to stop her.


10 posted on 03/31/2013 9:07:53 AM PDT by Wuli
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To: Wuli

Government should not give special favors to Chaebols any more, I think the time for that is past.


13 posted on 03/31/2013 1:19:28 PM PDT by GeronL (http://asspos.blogspot.com)
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