Yoon Seok-yeol: "Dynamic Economy Sustains Growth and Welfare... Regulatory Innovation Needed"

"Good Shoes for Startup Entrepreneurs
Removing Unnecessary Sandbags"

On Kim Gun-hee's Thesis Controversy
"The University Will Make an Academic Judgment"

Former Prosecutor General Yoon Seok-yeol is attending the 'Startup Field Meeting' held on the 8th at Tipstown in Yeoksam-dong, Gangnam-gu, Seoul, greeting startup representatives. Photo by the National Assembly Press Photographers Group

[Asia Economy Reporter Hyunju Lee] Yoon Seok-yeol, a leading opposition presidential candidate and former Prosecutor General, said on the 8th, "A dynamic economy is one that can satisfy both growth and welfare, maintaining sustainable growth and welfare." He added, "I will provide startup entrepreneurs with good shoes to wear and remove unnecessary sandbags so they can run freely."

After a meeting with startup entrepreneurs on the same day, Yoon told reporters, "Shouldn't the government view each (startup) company like an Olympic athlete?" He emphasized, "The most important thing is not to hinder autonomy and creativity; this is the most crucial."

Yoon also argued that bold regulatory innovation is necessary for economic dynamism. He pointed out that many regulations, though no longer justified, are difficult to abolish once established. He cited the financial industry as an example, explaining, "I believe regulations on the financial industry should shift to a negative list system, and finance should be upgraded to meet diverse industrial demands through its role as a financial intermediary."

He also responded to questions regarding current issues. When asked about the investigation by Kookmin University into the doctoral dissertation of his wife, Kim Geon-hee, he said, "Some organizations and individuals have raised objections," adding, "Since this is an issue handled by the university, I believe the university will proceed autonomously with academic judgment."

Yoon is scheduled to visit the funeral hall of the late father of former Board of Audit and Inspection Chairman Choi Jae-hyung at 4 p.m. that day.

This content was produced with the assistance of AI translation services.