Perhaps lost in the attention given to the summit last week in Hanoi between the US president and North Korea’s Kim Jong-Un is the worsening income disparities among South Koreans. Behind the per capita income figure approaching $40,000, membership in the OECD, and the success of some of its world-class corporations like Samsung and Hyundai is the unpleasant truth that Korea’s internal peace is being upset by widening inequality and the reappearance of poverty.
Author:
Danny Leipziger
Publication Year:
March 2019
Stay up to date with the latest news and insights from The Growth Dialogue
© 2017 The Growth Dialogue