Moon’s rise turns tide against chaebol

Date first published: 09/05/2017 Key sectors: all Key risks: reform; political gridlock On 9 May liberal candidate Moon Jae-in emerged victor in South Korea’s presidential election with 41 per cent of the vote – the highest margin of victory in any South Korean presidential election. Moon lost by around a million votes to Park Geun-hye back in 2012, but the…

Ones to Watch: 15 May 2017

Americas: disruption expected as teachers protests across Mexico Sectors: all Key Risks: civil unrest; commercial damage; disruptive blockades In Mexico, teachers’ unions are expected to demonstrate in the capital Mexico City to protest a series of grievances during Teacher’s Day on 15 May. Government officials announced the deployment of around 2,500 police officers to monitor…

Eastern Caribbean: A successful monetary union?

Date first published: 02/05/2017 Key sectors: all Key risks: slow growth; sovereign default There is a story, perhaps apocryphal, that before the establishment of the European Monetary Union (EMU), representatives from the European Central Bank travelled to Basseterre, the capital of St Kitts and Nevis. The trip to the tropical capital was to help them understand…