Friday, September 3, 2010

Time to amend presidential term limits in South Korea

Apparently, South Korea has grown over 7% on a per annum basis for two consecutive quarters now. I can't believe this presidential pledge is coming through.

Paul Eckert:

The IMF -- which again revised the growth forecast of Asia's fourth-biggest economy upward, to 6.1 percent from 5.75 percent in a July report -- said expansion was increasingly led by private sector demand and was at or near full growth potential.
I think it's about time South Korea amends her constitution to make way for two term presidencies. Currently, South Korean Presidents are restricted to one five year term.

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