3 Nobel laureate economists praise South Korea's growth and democracy but warn of challenges and stress the need for inclusive institutions, and advocate for a more democratic approach to unite Koreas.

Nobel Prize-winning economists Daron Acemoglu, Simon Johnson, and James Robinson commend South Korea's economic growth and democratic transition. However, they warn of significant challenges, including an aging population and the dominance of large corporations. They stress that inclusive institutions are vital for prosperity and express concerns over North Korea's authoritarian regime and nuclear threat, advocating for a more democratic approach to unite the Koreas.

October 15, 2024
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