Thomas Byrne
Thomas Byrne
anchor economy force intriguing korea
This FTA with the U.S. is also intriguing because I think it could be an anchor that could force Korea to deregulate the economy and liberalize it further.
banks below changes foreign global improved intrinsic korean needs presence since strong stronger value
The Korean banks' intrinsic value has improved since the crisis, but still substantially below the global average. More needs to be done, and one way is to have strong foreign banks have a stronger controlling presence because it changes the whole competitive dynamics.