South Korean President Moon Jae-in has not been content to sit and watch the feud between the US and North Korea escalate, but his own efforts to defuse the tensions distract from domestic troubles that require attention, namely reform of his country’s massive conglomerates. Photo: Reuters

Amid all the Kim and Trump chest-thumping, Moon’s best chance of success is to rein in South Korean conglomerates

William Pesek says that, with the actions of the North Korean and US leaders beyond his control, Moon Jae-in should invest his political capital in reforming companies that dominate South Korea

Topic |   South Korea

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South Korean President Moon Jae-in has not been content to sit and watch the feud between the US and North Korea escalate, but his own efforts to defuse the tensions distract from domestic troubles that require attention, namely reform of his country’s massive conglomerates. Photo: Reuters
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