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Order of the Day: Create a Business-Friendly Environment

  • Author Wook Chae, President
  • Date2013-03-01

The selection process for the president-elects cabinet is nearly complete. While the candidates chosen must first pass through confirmation hearings and be approved by the National Assembly, this group will become the ministers for the new administration, barring the unforeseen. The most obvious feature of the latest selection process has been its emphasis on expertise and stability. This is most likely based on the perspective that expertise is a precondition for a clear conviction and vision regarding policies of the respective ministries. It is also in line with conferring more power to the cabinet ministers, which was one of president-elect Park Geun-hyes campaign pledges.

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