Economics

South Korea’s Moon Ditches More Policy Aides as Economy Falters

Moon Jae-inPhotographer: Soren Andersson/TT News Agency/AFP via Getty Images
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South Korean President Moon Jae-in ditchedBloomberg Terminal two of his top economic aides Friday, adding to the list of officials who have lost their jobs as the president’s policies struggle to show traction in pulling around the economy.

Two years into his term, Moon faces criticism that key agenda items such as boosting the minimum wage and reining in the power of the country’s large conglomerates are failing to deliver the economic growth he promised.