South Korea’s Presidential Election: A Look at the Pivotal Issues

  • 7 years ago
South Korea’s Presidential Election: A Look at the Pivotal Issues
Moon, by contrast, has called the system’s recent deployment "very regrettable" and said in a book published recently
that South Korea should learn to "say no to the Americans." The impeachment and recent removal from office of President Park Geun-hye in an influence-peddling case underline the strong influence of the chaebol in the upper reaches of government.
Mr. Moon’s main opponents — Mr. Hong and Ahn Cheol-soo, a centrist who represents the People’s Party — have expressed
support for the deployment of the system, called the Terminal High Altitude Area Defense system, or Thaad.
By GERRY MULLANYMAY 8, 2017
South Koreans will choose a new president on Tuesday in a vote
that will turn on several crucial issues: relations with North Korea and the United States; economic inequality; and the enduring power of the country’s family-controlled conglomerates, known as chaebol.
Moon wants to give minority shareholders more power in electing board members of such conglomerates,
which he says could ultimately dilute the families’ control over the chaebol.
He has instead focused on the private sector, saying "companies underpin growth of the country while creating jobs." He wants to guarantee employment for young people for five years, while promising wages at small companies
that would be comparable to what they could earn at conglomerates.
Under the current conservative government, South Korea has taken a confrontational approach toward the North, engaging in military exercises with the United States off the peninsula
and participating in tightening sanctions over the North’s missile and nuclear weapons programs.

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