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Speech - 75th Anniversary of the Bank of Korea

· Chang Yong Rhee, Governor of the Bank of Korea (South Korea)

Summary written by Dark Majestic in its own words · topics: trade, fragmentation and geopolitics

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· Chang Yong Rhee Wiki · Bank of Korea WikiSpeech - 75th Anniversary of the Bank of Korea

ContextCommemorative speech in Seoul for the 75th anniversary of the Bank of Korea; the central bank keeps prices and finance stable and faces an ageing population and high household debt.

Why it mattersKorea's governor uses the bank's 75th anniversary to urge structural reforms blocked by social conflict.

Problems raised
  1. Korea's structural problems persist.
  2. Social conflicts block reform.
  3. Trade conflicts create pressure.
Solutions proposed
  1. Propose structural solutions.
  2. Have the new government prioritise reforms.
  3. Turn the crisis into an opportunity.
Read full speech on bis.org ↗

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