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Korea - OECD Economic Outlook, Volume 2009 Issue 2

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  • Korea - OECD Economic Outlook, Volume 2009 Issue 2
  • OECD
  • Organization for Economic Cooperation and Development (OECD)


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Title Korea - OECD Economic Outlook, Volume 2009 Issue 2
Similar Titles
Material Type Others
Author(English)

OECD

Publisher

Organization for Economic Cooperation and Development (OECD)

Date 2010
Language English
File Type Link
Subject Economy < General

Abstract

Following the severe contraction in late 2008, Korea has achieved one of the earliest and strongest recoveries in the OECD area, led by exports and expansionary fiscal policy. While the impact of fiscal stimulus will fade in 2010, a sustained pick-up in exports is projected to help boost output growth to 4 to 4½ per cent in both 2010 and 2011, with a rebound in domestic demand and a marked fall in unemployment.