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Korea - OECD Economic Outlook, Volume 2009 Issue 1

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  • Korea - OECD Economic Outlook, Volume 2009 Issue 1
  • OECD
  • Organization for Economic Cooperation and Development (OECD)


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Title Korea - OECD Economic Outlook, Volume 2009 Issue 1
Similar Titles
Material Type Others
Author(English)

OECD

Publisher

Organization for Economic Cooperation and Development (OECD)

Date 2009
Language English
File Type Link
Subject Economy < General

Abstract

Output growth was positive in the first quarter of 2009, following the severe contraction in late 2008. Nevertheless, the unemployment rate has risen significantly, inflation has decelerated and the current account surplus has increased sharply. Output growth is projected to pick up further in line with the recovery in world trade, reaching a rate of 4½ per cent by late 2010.