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The Japanification of the Korean economy and policy implications

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  • The Japanification of the Korean economy and policy implications
  • Hyun, Suk
  • Korea Capital Market Institute


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Title The Japanification of the Korean economy and policy implications
Similar Titles
Material Type Articles
Author(English)

Hyun, Suk

Publisher

[Seoul]:Korea Capital Market Institute

Date 2015-06
Series Title; No Capital Market Opinion
Pages 5
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Administration
Holding KCMI

Abstract

Korea’s low growth, low interest rates, low inflation, low birth rate, and population ageing all together are facilitating the Japanification of the Korean economy. Although Korea’s economic symptoms are similar to those of Japan, the causes are different. Hence, now is the time to seek a right diagnosis and treatment, and come up with appropriate policy actions.