Yoon Jeung-hyun, South Korea’s finance minister, is optimistic that flagship political and economic reforms over the next two years will address foreign investors’ concerns about moving to Asia’s fourth-biggest economy.
He admits that the power of trade unions, seemingly intractable red tape, an illiquid sovereign debt market and a perception of biased courts have often proved a massive disincentive to potential investment in Korea, but promises action in all areas.
