Improve competition, laws, and regulation to lessen role of chaebol in Republic of Korea

Published: Sept. 19, 2018, 6:15 a.m.

b'Big family business groups known as chaebol still dominate in the Republic of Korea, stifling the growth of other businesses and causing investors to look twice before putting money in the country.\\n\\nThese huge diversified companies led the country\\u2019s emergence but have since become a drag on its growth. \\n\\nA recent report by the Organisation for Economic Co-operation and Development looked at the issue. Randall Jones, head of the OECD\\u2019s Japan and Korea desk, suggested some ways to fix the problem at an event hosted by the Asian Development Bank Institute.\\n\\nRead the transcript\\nhttps://bit.ly/2MLS95p\\n\\nAbout the speaker\\nRandall Jones is head of the Organisation for Economic Co-operation and Development\\u2019s Japan and Korea desk.\\n\\nKnow more about ADBI\\u2019s work\\nhttps://bit.ly/2x0Xuku\\nhttps://bit.ly/2NvNMA8'