CEOs Grade Economic Policies of Roh Administration

Eight out of 10 CEOs graded the incumbent government’s economic policies C or under.

“Monthly CEO”, a Korean business magazine, asked 65 CEOs to score the economic policies of the Roh administration on June 30. According to the results, the largest number of CEOS gave C grades in comprehensive assessment including leadership.

A whopping 23.1 percent gave D’s, which was followed by 13.8 percent B’s, 12.3 percent E’s and 4.6 percent F’s. No one gave A’s.

In the same survey in August 2003, 79.7 percent gave C’s or under. The number increased to 92.6% percent in August 2004, and slightly decreased in 2005. However, the number is still high.

When it comes to real estate polices, in particular, 93.8 percent gave C’s or under including 53.8 percent D’s, 23.1 percent C’s, 12.3 percent E’s and 4.6 percent F’s.

About labor policies, most CEOs gave a C (41.5 percent) or a D (30.8 percent). Grade A indicates “very good”, grade B “good”, grade C “neutral”, grade D “fairly bad”, grade E “bad” and F “very bad.”

Im-Sook Ha artemes@donga.com