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The negative impact on Korea's growth from the slump in global investment cannot be overlooked. Analysis reveals that shrinking global investment has a large negative impact on the Korean economy, as Korea's GDP dependence on global investment demand is higher than other countries.Korea's...
Persistent link: https://www.econbiz.de/10012992022
China's slowing growth and structural changes are expected to bring some burdens on Korea in creating value-added for year to come.o True, Korean products exported China are mostly intermediate goods, but two thirds of them are found to be eventually consumed domestically, meaning that about...
Persistent link: https://www.econbiz.de/10012992043
■ According to the analysis, the declining growth rate of the Korean economy since the global financial crisis was mainly attributable to the slowdown in productivity improvement.- During 2001~10, the slowdown in capital supply growth was the main driver of falling economic growth.- In...
Persistent link: https://www.econbiz.de/10014256072