minimum wage
2021-07-01
Category:South Korea
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In Korea, the minimum wage has increased by 35% in four years...
Apartment prices in Seoul have risen 93 percent over the past four years...
If the minimum wage is 8,720 won, is it 6,459 won four years ago?The increase in the minimum wage increases the number of self-employed businesses closing.Decrease in employment...
Usually, Increasing jobs come first.Wouldn't the minimum wage go up for companies to secure employment if the effective recruitment ratio goes up?I can't believe going to raise the minimum wage first.You're a fool.
Japan's minimum wage varies from prefecture to prefecture.Of course, if the minimum wage is raised, the government will carefully observe the price index and economic conditions of each region.It is unthinkable to raise the price by 35 percent across the board.
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The exchange won rate has not stopped falling.The No Japan movement is a campaign to buy domestic products.Nothing will change under the chaebol economy.
South Korea's trade dependence on GDP is more than 70 percent, including the service sector.In other words, domestic demand is low and foreign exchange is directly affected.Even if foreign demand is received, it does not circulate at home and flows abroad.If the person who made the purchase contract increases the dollar by 5% at the time of payment, the payment will increase by 5%.The won-dollar exchange rate is 1,200 won, but it has been hovering around 1,200 won in recent days.
In order to maintain international competitiveness, chaebol companies such as SAMSUNG buy parts in bulk and produce them in bulk to reduce costs and sell them at low prices.In this case, large debts are always carried out and large payments are repeated, and problems arise when the value of the currency changes significantly during that period.This is the so-called default.Under these circumstances, the won's international credit rating has not increased, and South Korean companies can trade in dollars depending on the L/C of Japanese commercial banks.
South Korea experienced two foreign exchange crises in 1997 and 2008.No country will experience two foreign exchange crises in 10 years.In other words, South Korea's industrial form is vulnerable, and in short, it is trading beyond its currency capabilities.
Considering what Moon Jae In wants to do, the real intention is to socialize, control the currency, and stabilize the value of the won.Do you think the boycott is a campaign to buy domestic goods if it is reversed?
South Korea is listed by the FRB as a currency manipulator.
The reason why domestic demand is not expanding is the existence of chaebol companies.The role of chaebol companies in driving the Korean economy is important, but on the other hand, investment in chaebol companies is concentrated and other industries are not growing.In addition to the businesses run by chaebol companies, how can Korean companies grow globally?It can only be done with its own money without investment.
This structure will not change even if there is a boycott Japan.As a currency manipulator, even if it leaves the liberal economy, it will not change.It is necessary for the government to take the lead in fostering domestic demand and to attract investment in what industries to foster domestic small and medium-sized enterprises.The boycott Japan does not mean that South Korean domestic companies' sales will increase.
Moon Jae In's term of office is less than three months, and criticism from his country seems to be gathering.I think it's quite late from Japan view.
Masatoshi Muto, a former diplomat, says that making concessions to South Korea is a mistake and that South Korea needs a firm response.
Masatoshi Muto on his dealings with South Korea during his time as a diplomat. He says that he made a mistake by listening to everything and requesting as much as possible.
When asked about the anti-Japanese movement taking place in South Korea, Taro Aso, during his time as Prime Minister, asked, ``Does that have something to do with it?'' Japanese people don't care. As a result, the term ``virtual enemy country'' became popular. The view was that South Korea was conducting an anti-Japanese movement due to domestic circumstances.
There is no doubt that South Korea's current enemy is primarily North Korea. The Korean War is not over yet, and there is currently a ceasefire. When we see public opinion in South Korea calling Japan an enemy country while facing each other across the 38th parallel, we can't help but wonder to what extent South Korea is escaping reality.
When considered within the same framework, China is on the side of South Korea's enemy in the Korean War frame. Until now, the South Korean government has not been able to resolve security issues, and has abandoned its military and continued to focus on Japan, which has not fought back, because if it expressed hostility toward North Korea, China, or the United States, it would immediately take retaliatory measures. It's here. This is to gain the public's attention by saying something powerful. In doing so, it is easy to use stories from the past annexation era. Japan understands this environment and has tacitly tolerated South Korea's anti-Japanese movements.
What we need to clarify is that all of these environments are always real problems for South Korea. It seems that as long as Koreans remain anti-Japanese, they can temporarily feel as if their problems are gone. Even now, when the anti-Japan flag goes up, I forget everything due to a spinal reflex.
According to a Korean public opinion poll, the support rates for political parties are 42.4% for both opposition parties, and 39.6% for People's Power.The general election will be held this year.
According to a Korean Realmeter opinion poll conducted in the fourth and fifth weeks of March 2020, the party support rate was 44.6% for the Democratic Party of Korea, and 30.0% for the United Future Party, the predecessor of People's Power. The Realmeter survey results announced on the 15th of this month show that the Democratic Party is 42.4%, and the People's Power is 39.6%.Although the gap has narrowed, the Democratic Party's approval rating has fallen by only 2.2 points. do not have.
In the 2020 survey, 55.7% approved of Moon Jae-in, and in the current survey, 36.3% approved of President Yoon Seok-Yeol. Interpreting these figures literally, expectations for the power of the people in the legislature have increased, but the support rate for the Democratic Party has remained almost unchanged. Both parties are members of the Democratic Party, whose party is led by Lee Jae-myung, who miraculously survived the assassination that everyone thought was a farce and was discharged from the hospital after a long hospitalization. Lee Jae-myung is currently being indicted by prosecutors.
These Democratic Party supporters can be seen as a rock-solid support group that will continue to support any party leader no matter what. Are these people who make a living through trade with China, and whose livelihoods are directly connected to their support for China? South Korea's trade dependence is 81.9% of GDP. The pro-Japanese and pro-American and pro-China and pro-North Korean compositions were one of the themes brought to light by Moon Jae-in, who stirred up the No Japan movement, but the essential issue is the economy. How far has the withdrawal from China's economy progressed?
In the Facebook group of the author who co-authored ``Anti-Japanese Tribalism,'' it is clear that the number of posters and viewers has decreased dramatically since Yun Seok-yeo became president. Is it because the No Japan movement has subsided? In that case, would those people have been better off if the No Japan movement had disappeared? I wonder how many people out there just wish they could drink Japanese beer. In other words, were the pro-Japanese simply rebelling against the intense anti-Japanese movements that were taking place? At least what we can say is that the power of pro-China, pro-North Korean forces does not seem to be weakening.
If we go into the 2024 general election in this state, there is a high possibility that the Democratic Party will once again control the largest number of seats. If this is the case, the Yun Seok-Yue administration will be run in a twisted manner throughout his term. Anti-Japanese issues are also legal issues. South Korea is a country with no anti-Japanese convictions. Since the Democratic Party is the most powerful party in both countries, it is difficult to bring about social change through legislation, and there is a high possibility that an anti-Japanese leftist president will be elected again in the next presidential election.
An Jung-geun's son An Jun-seong, who assassinated Ito Hirobumi. The reconciliation that took place at the Gyeongseong Chosun Hotel and the man named Kim Gu who could not be forgiven
I think everyone knows about Ito Hirobumi. He was assassinated at Harbin Station on October 26, 1909, the year before the Japan-Korea Annexation. The man who carried out the assassination was An Jung-geun. He is still a hero in Korea. On October 15, 1939, a certain person visited a temple called Hakubunji Temple in Korea, which no longer exists, to offer a memorial service. It was An Jung-geun's son, An Jun-seong. He visited as part of a Korean Peninsula Manchuria ship inspection team from Shanghai. The purpose was to offer a memorial service for Ito Hirobumi, who was murdered by his father, An Jung-geun.
The memorial service began at 11:00 and An Jung-geun's memorial tablet was placed next to Ito Hirobumi's portrait. An Jun-seong offered a memorial service for his father An Jung-geun and Ito Hirobumi, and Komada, who recited a sutra, handed An Jung-geun's memorial tablet to him and advised him to mourn the souls of the two men forever.
Afterwards, An Toshio told a reporter who had come to interview him. He lost his father at a young age and neglected to perform the rituals for 30 years. He now prays for the repose of Prince Ito's soul and is happy to receive his father's memorial tablet.
■english subtitles available
The next day, on the 16th, An Toshio headed to the Gyeongseong Chosun Hotel. He was there to meet someone. The person he was meeting was Ito Bunkichi, the son of Ito Hirobumi. In response to An Toshio's request to apologize to Ito Bunkichi, Ito Bunkichi replied: "Our father has already become a god, a Buddha, and returned to the sky." What do we need to apologize for now? Let's be sincere and serve our country instead.
Then, on the following day, the 17th, Ito Bunkichi and An Toshio visited Hakubunji Temple and performed an exchange memorial service for each other's fathers. In Korea, it is firmly believed that Ito Hirobumi was a proponent of the Seikanron, which is Japan's conquest and rule of Korea. Why does it have to be this way? It is thought that Koreans mistakenly believe that Ito was a proponent of the Japan-Korea Annexation because Ito was the governor-general of the Government-General of Korea. However, Ito Hirobumi was opposed to the Japan-Korea Annexation throughout.
An Jung-geun assassinated Ito Hirobumi without even knowing his face. In his autobiography, he clearly wrote that he did not know Ito's face. Ito was no longer the Prime Minister or the Governor-General at the time. He took responsibility for the failure of the policy of reconciliation with Korea and resigned. An Jung-geun shot and killed Ito Hirobumi at Harbin Station. An Jung-geun was arrested on the spot, and after being sentenced to death in court, he said in prison that he had made a serious mistake.
In 1939, An Jung-geun's son An Jun-seong held a memorial service for Ito at Hakubunji Temple, met with Ito's son Ito Bunkichi at the Chosun Hotel, apologized, and reconciled. Kim Gu, an independence activist, could not forgive this. At the time, Kim Gu was an important member of the anti-Japanese Provisional Government of the Republic of Korea, and the following year in 1940, he became its chairman. An Jun-seong ran a pharmacy in Shanghai, but Kim Gu framed An Jun-seong for the trumped-up charge of selling opium and asked Chiang Kai-shek, the head of the Republic of China at the time, to execute him. It seems that he was quite angry, but what does this mean? Kim Gu was furious that An Jung-geun's son apologized for the murder of his father, Ito Hirobumi, and that he spoke about it in front of the media. An Jung-geun must be a hero. He must be used as a hero for the anti-Japanese independence movement. This was the hope of the forces seeking independence.
In other words, to them, Ito Hirobumi is a proponent of the Japanese-Korean annexation, and should not be the subject of reconciliation. It is not that Koreans have misunderstood somewhere and think that Ito Hirobumi promoted the Japan-Korea annexation, but it is clearly fabricated by the system. The fact that Ito was against the annexation. That An Jung-geun did not even know what Ito looked like. That An Jung-geun said that the assassination was a serious mistake. The fact that the surviving family has already reconciled should not be known in Korea. And it can be said that even today, there are very few Koreans who know this fact. In order to keep An Jung-geun a hero, Ito Hirobumi will forever be a proponent of the Japanese-Korean annexation and an enemy of Korea.
On January 28, 2023, a survey by the Korea Cinema Ticketing Network announced that "Hero," a movie based on An Jung-geun, which was released on December 21 of the previous year, had exceeded 3 million viewers in the 38 days since its release. Three million people is about 5.8% of the population of South Korea.
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.