Lee Myung-bak
Lee Myung-bak is President of the Republic of Korea.
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The Gospel of Growth
Lee Myung-bak is President of the Republic of Korea.
Many Western economists presume that governments are not very good at identifying industries that merit support, and that domestic consumers and taxpayers incur the bulk of the costs. By the same logic, if Chinese policymakers effectively targeted activities where social benefits exceed private benefits, then it is not clear why foreigners should complain.
