rising markets BY DAVID P. HARRIS, CFA pages 2-5 Yesterday Once More; Leveling the Playing Field The Promise of Governance Tomorrow Never Knows BY MICHAEL D. SEO, CFA Reform — South Korea BY JIMMY C. CHANG, CFA pages 10-13 BY MARIELA M. VARGOVA, PH.D. pages 6-9 pages 14-15 GLOBAL FORESIGHT THIRD QUARTER 2017