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Picking Winners

Published on Nov 19, 2015

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PRESENTATION OUTLINE

PICKING WINNERS

private firms vs. government

THE KEY TO GROWTH?

go with current specialties or create new ones?
Photo by angela7dreams

IS THE MARKET RATIONAL?

Photo by marsmet543

EXAMPLES: KOREA

  • POSCO
  • LG
  • Hyundai
  • Samsung

FALLACIOUS ASSUMPTIONS

  • Proximity = good decisions
  • Failure of some SOEs means governments suck at business
  • Business interests always align with national interests