STABLEBOY SELECTIONS

"All great economists are tall. There are two exceptions: John Kenneth Galbraith and Milton Friedman." —George Stigler

In connection with my securities work I have begun to study the South Korean economy in some detail. I have also applied myself diligently to reading the financial reports of various local issuers. (By far the most valuable resource is a manual I received after graduating last year—that for some reason I neglected until recently.) On the basis of these studies I have drafted a short analysis of Korea to be published in several sections: (1) general economic achievements and prospects, (2) the money market, (3) the bond market and stock market, (4) corporate governance and (5) the Capital Market Consolidation Act.