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Korea Economic Institute of America Presents:
The 2014 OECD Economic Survey of Korea: Solid Growth but in Need of a Creative Economy?
Read Event DescriptionEvent Date
July 22nd, 2014 12:00pm - 12:00am ET
Event Description
Please click here to view the PPT Presentation.
Please view below the video of the program
Background of the Program
The OECD recently released its Economic Survey of Korea 2014. The OECD projects that Korea’s economy will grow by about 4% in 2014-15, following the slowdown in 2011-12. However, the Survey argues that Korea must address a range of structural and social challenges to ensure its long-term economic prospects. Such challenges include rapid population aging, income inequality, low service sector productivity and weak small and medium-sized enterprises.
Is a new growth strategy to foster a creative economy essential to sustain growth? What are the obstacles to fostering a creative economy? How can Korea ensure that growth is socially-inclusive?