콘텐츠 바로가기
로그인
컨텐츠

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Economy General

Print

Korea - OECD Economic Outlook, Volume 2011 Issue 2

Related Document
Frame of Image
  • Korea - OECD Economic Outlook, Volume 2011 Issue 2
  • OECD
  • Organization for Economic Cooperation and Development (OECD)


link
Title Korea - OECD Economic Outlook, Volume 2011 Issue 2
Similar Titles
Material Type Others
Author(English)

OECD

Publisher

Organization for Economic Cooperation and Development (OECD)

Date 2011
Language English
File Type Link
Subject Economy < General

Abstract

Growth slowed in 2011, reflecting the deceleration in world trade and sluggish activity in the domestic sector, which has not yet fully benefited from the export-led recovery from the 2008 global crisis. More moderate growth is helping to bring inflation back into the central bank’s target range of 2 to 4%. Aided by continued buoyant demand from China, which accounts for a quarter of its exports, and won depreciation, exports are projected to lead a gradual upturn, with output growing by just over 4% in 2013, with the unemployment rate at around 3½ per cent.