Opinion

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  [OPINION] Obituary for 'Daseok' Ryu Young-mo, spiritual leader of Bukhansan SEOUL -- 40 years have passed since "Daseok" (to only eat dinner instead of having three meals a day) Ryu Young-mo (1980~1981) passed away on February 3, 1981. The philosopher had lived an honest and noble life based on the idea of "Eolna" (Spiritual Self) in Korea during the 20th Century that was full of pain and dynamic his 2021-02-03
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  [ANALYSIS] Experts urge bold regulatory reforms to turn crisis into opportunity for growth SEOUL -- President Moon Jae-in should be credited with kickstarting South Korea's digital transformation through regulatory reforms that played a role in promoting "K-quarantine" that refers to various anti-epidemic technologies to combat COVID-19, such as diagnostic kits and a walk-thru diagnostic system introduced for the quick screening of virus carriers. Moon's most noticeable achievement is the introduction of the so-called regulatory sand 2020-11-13
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  [COLUMN] U.S. strategy to bring down China. Will its operation to turn China into 2nd Japan succeed? SEOUL -- With its November presidential election just around the corner, the U.S. is adamant with China-bashing. It seems to stem from the judgment by both Republican and Democratic camps that it will help their election gimmick. From the perspective of protectionism, it is nothing strange to say that Democrats are traditionally tougher than Republicans. The fact that more than 70 percent of the U.S. public opinion has been against China in recent years is also fu 2020-09-29
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  ​[COLUMN] Measures for post-election economic recovery Lee Sang-ho, president of the Construction & Economy Research Institute of Korea. SEOUL -- Finally, the April 15 general elections are over. Economic policies before the general elections can be seen as aimed at overcoming COVID-19 and winning votes. After the general elections, the government should speedily implement economic recovery measures to prevent them from becoming empty pledges. Around the world, there are many hopeful 2020-04-15
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  [COLUMN] What's the substance of China's 'Corona Silk Road'? SEOUL -- The COVID-19 crisis is sweeping the U.S. and swallowing other issues. The number of confirmed COVID-19 cases in the U.S. is rapidly increasing, leading to a more serious situation. Taking advantage of President Trump's hectic response to COVID-19 in his country, China is actively engaged in global diplomacy. As the number of confirmed cases in China began to decline significantly in mid-March, President Xi Jinping is putting forward China's role 2020-04-09
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  [INTERVIEW] Policy adviser warns of possible setback like Japan's lost 20 years NRC Chairman Seong Kyoung-ryung SEOUL -- South Korea's economic policy went astray to curb real estate prices that have increased steadily despite a string of regulatory action at a time when policymakers are struggling with low growth and low inflation caused by sluggish consumption. Consumer prices dropped 0.4 percent from a year earlier in September, sparking worries about deflation. However, Bank of Korea Governor Lee Ju-ye 2019-10-08
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  [COLUMN] The reason why our companies are struggling in the Chinese market SEOUL -- Before China's retaliation against THAAD, few painted failure and frustration for South Korean companies operating in China. It's not because there was no fear of a crisis, but there were vague expectations that they would be more successful. Misjudgment was fueled by confidence that they have an edge over local and Japanese rivals. It is no exaggeration to say that there was no preparation for changes in market structure and great trials due to 2019-08-27
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  ​[COLUMN] The first step in knowing, using and overcoming Japan An overview of the National Memorial Museum of Forced Mobilization under Japanese Occupation in the southern port city of Busan. (This column was contributed by Lee Seung-jae, an Aju Business Daily editorial writer.) SEOUL -- Yoyi Tang! (ようい，どん!)...Japan's declaration of economic war is imminent. It is a declaration of war that the Japanese government deliberates and approves revisions to an export control ordinance to remove South Korea from a wh 2019-08-02
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  [ANALYSIS] Thank Abe for providing an opportunity to change the fundamental structure of South Korea's economy and take a fresh take-off SEOUL -- Where will be the final destination of Japanese Prime Minister Shinzo Abe's "Korea-bashing"? What is his real intention? Analysts say Japan's declaration of virtual economic war with South Korea on the pretext of "security" is intended to preempt its influence on the Korean Peninsula. However, Abe's strategy was seen as a deadly boomerang for Japan. The economies of South Korea and Japan's are a mutually dependent structure 2019-07-29
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  [COLUMN] The condition of a great nation (This column contributed by Lee Jae-ho, a politics professor at Far East University, does not represent the opinion of Aju Business Daily.) SEOUL -- German Chancellor Angela Merkel was named "Person of the Year" by Time, an American weekly news magazine, in December 2015. She was selected for showing 'moral leadership' such as rescuing Greece, which was in debt amid Europe's economic woes, and accepting Sy 2019-07-04