Foreign Investment: Invest in South Korea’s new gov’t.

Posted April 16, 2008

“Every now and then, however, an election brings a change that is truly significant, either politically or economically. In Korea, this election has brought significant positive economic change.” — Martin Hutchinson

by Martin Hutchinson

Baltimore – (TFN): Amid all the gloom investors are feeling right now, South Korea has produced some sunny rays. On April 9, the Asian Tiger suggested that its economy could accelerate and that its stock market could take off.

The splendidly named Grand National Party, allied to the new President Lee Myung-bak, won a majority in the local legislature, taking about 153 of the 299 seats itself and having allies and friendly independents that hold roughly another 40 seats. The center-left opposition - in power both presidentially and legislatively until last December - was reduced to around 70 seats.

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Foreign Investment: Why South Korea?

You may reasonably ask why you should care. There are, after all, about 183 countries in the world, perhaps 100 of which are more or less democratic in nature, which gives you roughly 30 elections a year to worry about. Figuring out who are the “good guys” in that number of races is absolutely impossible - even in Korea, which is one of our more-important trading partners.

Every now and then, however, an election brings a change that is truly significant, either politically or economically. In Korea, this election has brought significant positive economic change. Read on to learn how you can profit from South Korea’s regime change.

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