Deutsche Bank Warns South Korea To Focus Outward, Avoid Siren Song of Populism

South Korea has experienced a relatively dramatic rise in income disparity over the past few decades. As the South Korean parliament voted to impeach its President Park Geun-hye in a corruption scandal, and new elections are on the horizon, Korea needs to focus on the right issues, a Deutsche Bank report notes. And those issues are not entirely based on income inequality, the report concludes. Don’t do what is politically popular, focus on budget stability South Korea needs to look past its borders, Duetsche Bank Senior Economist Juliana Lee. The nation heavily dependent on exports is facing global challenges as…