During the current coronavirus crisis, there have been growing calls to include employment stability as one of the legal mandates of the Bank of Korea. Considering that employment stability supports sustainable growth and enhances quality of life of our citizens, the central bank should also take employment conditions into account as an important factor when operating monetary policy.
It was a question of foreseeing, but also of fostering expectations and aspirations, the will to advance, to risk, to invest in the future, of giving young people a different future from the experience of those who had been young in the early part of the century. The eminent statesman’s sense of service drew sustenance from the force of his personality.