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Korea will cut the total number of regulations on business activities to 80 percent of the
current level by 2016. The plan was unveiled during a seven-hour
marathon meeting led by President Park Geun-hye... on national television... and translates into
the removal of 22-hundred regulations and a drop in the total from 15,269 to 13,069.
For a closer look at the latest pledge by the Korean government, we're joined live in
the studio by Dr. Kim Byoung-joo, the head of KL&P Consulting and our regular commentator
on this program.
There were many points of note in the seven-hour-long televised discussion. But what were some of
the most important ones?
-- [ : Deregulation Drive: Key Points]
Why this unprecedentedly aggressive deregulation drive now?
In terms of how to go ahead with deregulation drive, is there some evidence that this administration
has learned critical lessons
from
its predecessors?
What
is
the political
opposition
saying about
the deregulation drive? Any points
worth keeping in mind?