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It is imperative to reform debt-ridden state enterprises

State-owned companies are often called "divine workplaces," as they offer job security and handsome pay. They usually top the list of the most coveted jobs among college graduates. But lax management, caused mostly by a monopolized market and the nepotistic appointment of executives, tells why it is imperative to reform these companies.

Since the Moon Jae-in administration took office in May 2017, taxpayers have felt an additional surge of resentment because of these state enterprises. According to Rep. Choo Kyeong-ho of the........

© The Korea Times