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OECD economic outlook, volume 2007 issue 1 : Korea

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Title OECD economic outlook, volume 2007 issue 1
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Sub Title

Korea

Material Type Reports
Author(English)

OECD

Publisher

[Paris]:OECD

Date 2007
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Macroeconomics
Holding OECD

Abstract

The slowdown in the pace of economic activity during 2006 is likely to be gradually reversed in 2007, boosting output growth from around 4¼ per cent in 2007 to 4¾ per cent in 2008. Buoyant demand from other Asian countries is sustaining export growth at a double-digit rate, despite the marked appreciation of the won, which has helped keep inflation below the Bank of Korea’s target zone.