Latest in Tag: South Korea Highlight

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Latest in Tag: South Korea


Moataz Abdel Fattah

How did South Korea achieve development?

I previously wrote about the Korean model and how it succeeded in facing obstacles. Let us read that quote: “This country has no future. This country will not recover even after 100 years.” This statement was said by US general Douglas MacArthur, who was Chief of Staff of the US Army in eastern Asia. MacArthur …


Abdallah Al Moghazy1

Korea, Japan invest in human capital

There is no doubt that President Abdel Fattah Al-Sisi’s visit to Kazakhstan, South Korea, and Japan has opened doors to discussions about issues of education and health. South Korea had a unique experience in education that all countries wish to learn from. Egyptians, with their history and heritage, deserve to reclaim their true identity. Although …

Abdallah Al-Moghazy

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South Korea passes free-trade bill with China

Korea’s parliament has ratified a free-trade agreement with China, removing most tariffs between Asia’s largest and fourth-largest economies, while leaving curbs on rice and automobiles in place. The free trade agreement, formally adopted by lawmakers in Seoul on Monday, aims to gradually remove tariffs on more than 90 percent of traded goods within 20 years. …

Deutsche Welle

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South Korea agrees to meet with North in effort to ease tensions

Seoul has accepted an invitation from Pyongyang to hold government-level talks within a week. The decision comes after a tense border standoff in August, after which the two pledged to improve ties. South Korean leaders agreed to meet with their North Korean counterparts for a high-level government meeting to take place on November 26, the …

Deutsche Welle

30 South Korean officials, businessmen to attend Economic Summit

By Rana Yehia A delegation of 30 South Korean officials and businessmen will attend the Economic Summit in Sharm El-Sheikh, said Minister of Industry and Foreign Trade Mounir Fakhry Abdel Nour. The South Korean delegation will be headed by the Korean deputy Minister of Trade and Industry. Abdel Nour said the delegation’s participation confirms South …

Daily News Egypt

Major economies end first quarter on weaker note

Reuters – Major economies in Asia and Europe finished the first quarter on a weaker note, with key manufacturing surveys fuelling expectations policymakers may be forced to act in coming months to prop up faltering growth. Factories across Europe eased back on the throttle in March while China’s vast manufacturing industry contracted for the third …

Daily News Egypt

Dr Iris Boutros is an economist and strategist. Daily News Egypt

Benevolent dictator

South Korea has quickly become one of the world’s economic powerhouses. Growth of its real gross domestic product (GDP or the most common although imperfect measure of a country’s economic performance) was an average of 8% from 1962 to 1989. Interesting and quite relevant for Egypt today, the South Korean experience of rapid growth occurred …

Iris Boutros