Difference between revisions of "Continuing the low growth of korea's economy"

Revision as of 19:25, 15 May 2010

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South korea's economic growth rate is projected to be around 4% in 2005, lower than the 4.6% recorded in 2004
Private consumption is expected to slowly recover to the mid 2% range
Politics has to focus on the economic recovery.
Power of Korean people to unite when they face difficulties.

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-After showing over-par growth of 6.3 percent in 2002, the south korean economy standard to lose<br> its growth momentum. Korea's robust growth in 2002 had been sustaind by <br>the overall resiliency of domestic demand, even as worldwide economic conditions deteriorated <br>and korean experts fall.<br>
-However this engine of korean growth has weakened recently.<br>
-Korea lags behind advanced nations in hi-tech industry, and China in middle and low priced products now. <br>If it can not find another breakthrough, this low growth trend will be prolonged.
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Difference between revisions of "Continuing the low growth of korea's economy"

Revision as of 19:25, 15 May 2010

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