Economy / South Korea
Elections Give Conditional Support For Reform
April 2008 | Political Risk AnalysisBMI View: We believe the parliamentary elections on April 9 accorded President Lee Myung-bak with a firm mandate to pursue economic reform. Lee's most ambitious expenditure plans are, however, likely to be checked by more conservative elements of the new National Assembly, led by his intra-party rival Park Geun-hye.
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