Newsweek Japan asked me for an long-form essay on Korea’s economy for its December 5 issue (cover story to the left). Here is the link in Japanese, but I thought it would be useful to publish the original, untranslated version as well. (If you actually want the Japanese language version, email me for it please.) The essay broadly argues that Korea needs to move beyond ‘developmentalism’ toward economic liberalism, as a lot of Asia does in my...
