Yun Seok - yue's manifesto aims to attract and circulate capital through a free economy.Will the National Assembly become a burden that hinders this?
2022-06-14
Category:South Korea I'm participating in the ranking.Please click and cheer for me.
South Korea is wavering between pro-China and pro-US
Is South Korea wondering whether it should join China, which has achieved growth in recent years, or join the camp of free nations such as Japan, the United States, and Europe? I guess it's a question of which is better, but it seems like a very polarizing choice.
The Moon Jae-in administration completely abandoned its pride as a democratic country without hesitation and spent five years desperately trying to join China and North Korea, a country that violates human rights at its worst, but unfortunately there was no result. Ta.
The new president, Yun Seok-Yeol, has the exact opposite policy, aiming for Korea to be a member of the Japan-U.S. and liberal camp. This seems to be the composition of the right-wing and left-wing forces in South Korea.
Original change of government through social policy
The left tends to seek the enhancement of social institutions, while the right tends to seek free competition and liberal democracy. This is a question of the balance between social welfare and liberal economics, and a debate about competition versus distribution. This is an issue to be debated within a democratic country, and can be said to be a universal frame.
America's two-party system is very easy to understand. Republicans and Democrats can be broadly divided on the question of whether taxes should be primarily used for public welfare, or whether they should reduce taxes in the first place and increase competitiveness in a free economy. It is also expressed in the framework of big government and small government.
A country that thinks about what is better
The choice of domestic social policy is not a question of which country will benefit you by following, but rather a matter of foreign policy. Prior to Japan's annexation of South Korea, there was intense conflict between pro-Russian and pro-Japanese factions on the Korean peninsula. Is nothing different from that era? Another characteristic of South Korea is that its foreign policy is also its domestic policy.
Yun Seok-yue promotes free economy
Looking at Yun Seok-Yue's manifesto from the perspective of economic policy, his economic policy is to bring back the capital that fled South Korea under the Moon Jae-in administration.
In particular, the focus is not on where to focus investment and foster industry, but rather the policy appears to be aimed at attracting investors by abolishing regulations and promoting a free economy and free competition.
Read it together
[Korea] Yoon Seok - you's inauguration speech to democracy and liberalism [full text]
Respected and dear people,
7.5 million overseas compatriots,
And to all the world citizens who love freedom
I am here today with an epoch-making vocation that must rebuild this country as a country where the people are the true masters on the basis of liberal democracy and the market economy system, and make it a country that plays a role and responsibility in the international community. I stood up.
We would like to thank all the people who have been with us in the historical setting.
Tora Wen, Former President Park Megumi, President Jacob of Singapore, President of the Central African Republic of Tuadera, Vice President of China Wang Qishan, Former President of Indonesia Megawati, Vice President Harris Emhoff Harris, Senator George Fury of Canada, We would like to express our deep gratitude to Japan's Foreign Minister Yoshimasa Hayashi and other congratulatory missions from around the world and to all the guests from Japan and abroad.
We would like to take this opportunity to pay tribute to the people who have endured great pain in the process of overcoming the pandemic of the new coronavirus infection for the past two years.
We would also like to thank all the medical staff for their dedication.
Respected people,
World citizens
Now, the whole world is one country alone or only a few countries participating, such as the pandemic crisis, changes in trade order and restructuring of supply networks, climate change, food and energy crisis, and retreat of peaceful resolution of conflicts. Faced with difficult challenges.
Various crises cast a complex shadow on human society.
In addition, many countries, including South Korea, are swaying and breaking down the cohesiveness of their communities due to ultra-low growth, large-scale unemployment, deepening polarization and diverse social conflicts.
On the other hand, politics that must solve such problems are failing to function due to the so-called democratic crisis.
Anti-intellectualism is cited as the biggest cause.
Science and truth must be a prerequisite for people with different views to coordinate and compromise with each other.
That is rationalism and intellectualism that support democracy.
Excessive collective conflict between nations and within nations distorts the truth, and anti-intellectualism, which selects only the facts that each person wants to see and hear and suppresses the opinions of others with a large number of forces, puts democracy in jeopardy and democracy. It undermines trust in the principle.
This situation makes it even more difficult to solve the problems we are facing.
But we can.
Looking back on history, the Korean people are on the verge of many crises, but each time they have worked together to overcome them wisely and courageously.
At this moment, I am grateful to be given the responsibility to overcome such a crisis and I am confident that we can overcome it proudly with our great people.
We also believe that we can work together with the world's citizens to resolve crises and challenges at home and abroad.
Respected people,
World citizens
I think it is very important for us to share universal values ??in order to solve this difficulty.
It is "freedom".
We must recognize the value of freedom correctly and accurately.
We must rediscover the value of freedom.
Looking back on the history of mankind, where free political rights and free markets were alive, prosperity and affluence always flourished.
Prosperity, affluence and economic growth are the expansion of freedom.
Freedom is a universal value.
All members of our society must be free citizens.
If the freedom of an individual is left unattended, the freedom of all of us members of the community will be threatened.
Freedom is by no means a winner's monopoly.
To be a free citizen, one must ensure a certain level of economic foundation, fair education and access to culture.
You cannot be a free citizen without this.
If one's freedom is not overrun or the conditions necessary to become a free citizen are not met, all free citizens must help in solidarity.
And if individual liberty is violated not only by individual nations but also internationally by hunger and poverty, illegal acts by public authority and military power, and a dignified life as a free citizen is not maintained, all world citizens will be free citizens. We must work together as a helper.
In order for everyone to be a free citizen, we must obey fair rules and have a spirit of solidarity and philanthropy.
Respected people,
I would like to talk about the direction that I consider important by looking at domestic issues.
In South Korea, excessive polarization and social conflict not only threaten freedom and democracy, but also hinder social development.
I don't think this problem can be solved without a leap and fast growth.
In the process of rapid growth, many people can find new opportunities and improve social mobility to eliminate the source of polarization and conflict.
Leap and fast growth can only be achieved through science, technology and innovation.
Science, technology and innovation protect our liberal democracy, expand our freedom and make our dignified life sustainable.
Science, technology, and innovation are difficult to achieve with the efforts of Japan alone.
By respecting freedom and creativity, we must work and solidarity with many countries that have achieved advances and innovations in science and technology.
Respected people,
World citizens
Liberal democracy creates peace, and peace protects freedom.
And peace is guaranteed by solidarity with the international community, which respects the values ??of freedom and human rights.
We must pursue sustainable peace that blossoms freedom and prosperity, not fragile peace that temporarily avoids war.
Nowhere in the world is free from the threat of freedom and peac
Promoting free competition within the country and moving towards CPTPP
It appears that the plan is to aim to join the CPTPP and other liberal nation frameworks based on this liberal economic frame, but in order to realize this, it will be necessary to obstruct the various free competitions that exist within Korea. Legislation must be put in place to abolish the regulations that apply.
Legal development by the Diet is hopeless
This is the job of the National Diet, the legislative branch, but the opposition Democratic Party of Japan still holds nearly ６０% of the seats. In other words, there are many hurdles for the time being in the economic policy advocated by Yun Seok-Yeol and cooperation with liberal countries. In other words, we will have to wait for the ２０２４ general election.
I'm participating in the ranking.Please click and cheer for me.
South Korean delegation insists on 'efforts from both countries' - Japan is fulfilling all its promises - South Korea is the one who is not making enough efforts
South Korea says efforts from both Japan and South Korea are necessary
Intentions of both countries passing each other
What is the destination that Korea envisions?
If we misunderstand the Korean issue, the government will tilt
Japan has already apologized many times
Japan fulfills all commitments
What does the effort of both countries mean?
While the recent South Korean delegation's visit to Japan has been reported as if the two countries have once again returned to the direction of improving Japan-Korea relations, the response of the Japanese government, including the prime minister, has been criticized. The South Korean side is keen to improve Japan-Korea relations, and as a result, interviews with the current prime minister, former prime minister, and other ministers were held. The most important point is that a gap that cannot be filled has been identified.
The rift is that while Japan is demanding that South Korea "fulfill its commitments," South Korea has consistently stated that "efforts from both sides are needed." This means that South Korea will not make unilateral concessions. More specifically, before the presidential election, President-elect Yoon Seok-Yeol met with Lee Yong-soo, a self-proclaimed representative of former comfort women, and said, ``We must demand an apology from Japan.'' has promised that he will receive it. That's probably what he's saying.
What kind of efforts does South Korea want from Japan? For example, is the Japanese Prime Minister going to South Korea, meeting with former comfort women, apologizing, and reporting the moving scene as an attempt to settle the matter? However, if South Korea's next government does not understand that this is an unlikely future, improving relations seems a long way off.
If Prime Minister Kishida were to do something like that, the Kishida administration would surely collapse, and even in this meeting with the parliamentary group, there are voices calling for Kishida to be removed from the position of prime minister. There are even voices saying that they will not vote for the Liberal Democratic Party in the next House of Councilors election. Reasons for this include the forced labor judgment and the abrogation of the Japan-Korea comfort women agreement.
Regarding the South Korean delegation's visit to Japan, since it was a group of parliamentarians before the inauguration of the new South Korean government, there were many opinions that Japan should also conduct the visit within the framework of parliamentary exchanges and that the government should not deal with it.
The comfort women agreement states, ``This is an issue that has deeply damaged the honor and dignity of many women, and from this perspective, the Japanese government is acutely aware of its responsibility.'' I would like to express my heartfelt apologies and remorse to the people of... Yun Seok-Yeol seems to think that since he has expressed his apology, it would be okay to apologize face-to-face. However, the agreement states, ``As the Japanese government declares the above and steadily implements the measures in (2) above (establishment of a foundation), this announcement will ensure that this issue will be finalized and irreversible.'' to make sure it is resolved."
The 1965 Claims Agreement, including the issue of forced labor, was already resolved. Japan is simply asking South Korea to faithfully implement these agreements. Japan has fulfilled all of its responsibilities, so all that remains is for South Korea to fulfill its own responsibilities. In other words, it is no longer an issue for both countries to make efforts.
Jeong Jin-seok, head of the South Korean delegation, claps his hands together and says that only by joining hands like this can relations be improved. Hearing these words, I can't help but think that South Korea's next new government may not even understand what the current situation is. This is because the efforts of these two countries resulted in the Claims Agreement in 1965, the Japan-South Korea Joint Declaration in 1998, and the Comfort Women Agreement in 2015, which is exactly the kind of hand-to-hand situation that Chung described. It is South Korea that unilaterally abolished these . Japan must not take a step back from this line.
If we look at Japan-South Korea relations after the restoration of diplomatic relations, South Korea has completely torn up all previous agreements. Is the next agreement really necessary?
The police investigated the chairman of the Independence Society.Scholarships for descendants of those who contributed to the anti - Japanese movement, and embezzlement of them?
The Chosun Ilbo reported that Kim Won-woong, chairman of the Independence Committee of Korea, embezzled tens of millions of won from social cafes to provide scholarships to children of independence fighters, and asked the police to investigate.The Ministry of Veterans and Veterans Affairs said, "The Independence Society raised 61 million won by raising false orders or over-calculating costs."
Independence Society is an organization established by activists and descendants who participated in the anti-Japanese independence movement during the annexation of Korea and Japan.Japan's anniversary of the end of World War II is called Independence Day in Korea, where President Moon Jae In congratulated and the chairman of the Independence Society also greeted.Even if it is a greeting, it is a speech of resentment and hostility toward Japan.
The Independence Society is closely related to left-wing forces and has been at the center of the anti-Japanese movement under the Democratic Party.Yoon Mi-hyang, the predecessor of the Justice and Memory Alliance, was indicted on charges of embezzlement, and this time she was accused of embezzlement by the chairman of the Independence Society.In the first place, the Japanese Military Sexual Slavery problem is that Lee Yong-soo, the symbol of Japanese Military Sexual Slavery, was taken away by the Japanese army, and is said to be a swindler.Yoon Mi-hyang embezzled donations through Wednesday's rally using Lee Yong-soo as an advertising tower, and the Independence Society established a "meaningless system" to provide scholarships to descendants of independence fighters.
As you can see, the anti-Japanese movement is likely to be a fraudulent organization originally caused by lies and incitement.And the head of the fraudulent group is a group that embezzles the money.
It has become clear that the anti-Japanese movement is based on fraud.I'm paying attention to how far it will be revealed.
President Yun Seok - Yeol was criticized for not demanding an apology from Japan during Korea Liberation Day! Countries demanding an apology on the day the war ended.
Enthusiasm to repair Japan-Korea relations
A country that expects grudge festival on the day of the end of the war
It is clear that it will change again if the government changes
Promises between Japan and South Korea that have been repeatedly broken
Background of countries that fail to keep their promises
It appears that President Yun Seok-Yeong's speech at Liberation Day is under attack. It is said that he only shouted for freedom 33 times in his speech on Liberation Day, but did not hear a single word demanding an apology on the 77th anniversary of Liberation Day.
In the first place, it can be said that it is abnormal that 77 years have passed and an apology is still being requested at a national ceremony.
Every country holds some type of event on Victory Day or the End of World War Day, but avoid using expressions that suggest that the country is still considered an enemy country. This is a matter of course if there are diplomatic relations, which is international common sense.
Will Israeli President Herzog give a speech on the anniversary of the end of the war, saying that Jews still hold a grudge against Germans? It can be said that this is a completely meaningless political action.
In any case, although President Yun Seok-Yeong's desire to improve Japan-Korea relations is highly commendable, even if we make some kind of promise with him, we have no idea what will happen once his term ends.
In Japan, it has been reported that the agreement between Japan and South Korea was broken during the era of former President Moon Jae-in, but diplomatic relations were restored in 1965, and the Japan-Korea Joint Declaration was issued in 1998, and concrete Japan-Korea exchanges were established. have started, but they are already in an invalid state. The Japan-Korea Joint Declaration collapsed within two years.
In other words, the fact remains that South Korea is not in a position to keep its promises. Therein lies the essential problem. The best-selling book Anti-Japanese Tribalism written by Korean professor Lee Yong-hoon describes anti-Japanese as shamanism that goes beyond logic. It is truly an anti-Japanese religion.
Korea Real Estate Bubble This is the KOSPI chart.Why does it go up when investment from Japan has decreased by 50% and investment from the United States and the EU has decreased?You'd better imagine who's buying stocks.One is Chinese money. This is exactly what the current administration wants.Another is stock investment, which is secured by soaring real estate prices.Another is private investment by ordinary people who cannot buy real estate, even if they borrow money from rising stocks.In other words, it is a bubble.The IMF warned that Korea's household debt is above the danger level.Judging that this is a temporary phenomenon, it is better to stop borrowing money and investing in real estate and stocks to increase assets.
[South Korea] If you have the world's highest household debt, you don't have enough disposable income - If you don't spend money, it's just bad manners.
Private/government debt 254%
Household debt is 104.2% of GDP
Global trend of interest rate hikes
Mortgage reduces disposable income
A traveler who just has bad manners
In a statement distributed in advance of the conference, Professor Ham Joon-ho of Yonsei University Graduate School of International Studies, who served as a member of the Bank of Korea's Financial and Monetary Committee, stated, ``Korea's macro leverage (private and government debt) level has expanded to 254% of GDP. ” he pointed out.
The household debt balance has continued to expand for 16 years, reaching a record high of 1,850.9 trillion won (approximately 176.9871 trillion yen) in the April-June 2021 period. According to a study by the Institute of International Finance (IIF), Japan's GDP ratio was 104.2%, the highest among 37 major countries and regions. Incidentally, the countries other than South Korea are followed by Hong Kong (92.0%), the UK (89.4%), and the US (79.2%).
On the 15th, the Federal Reserve Board (FRB), the central bank of the United States, announced the first major interest rate hike in about 30 years. The policy rate will be raised by 0.75% to a range of 1.50 to 1.75%.
Prior to this, South Korea announced that it would raise its policy interest rate from 1.5% to 1.75% in May. The rate was set at 1.5% in April, making this the second consecutive month of interest rate hikes. This will also be a severe blow to those who are burdened with household debt.
South Korea's per capita GDP is approaching that of Japan. According to the 2021 IMF announcement, Japan's price is $39,340 and South Korea's price is $34,801. However, Japan's household debt is around 66-7%.
Housing loans are the largest component of household debt. The skyrocketing price of land in Seoul continues to skyrocket, forcing many to borrow large sums of money to purchase apartments. As a result, even if GDP and wages rise, most of the money goes toward repaying household debts, resulting in less disposable income. I don't have any money to spend.
Even after salaries are paid, the money goes straight through the tunnel and is returned to financial institutions, where it is returned to the market. This is the reality of GDP per capita in the Korean economy.
As the coronavirus pandemic begins to subside and overseas travel is gradually lifted, travel to Japan is expected to become a boom again in South Korea. It's not that they like Japan. The above reasons are largely responsible for why Japan is chosen as a nearby travel destination.
And just because you come to Japan doesn't mean you have to spend money. There are quite a few groups that find faults, point them out, and complain to each other. It is said that Korean tourists just have bad manners.
