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Korea’s Economy 2006

Publication: May 2011

Outlook and Reforms for the Korean Economy in 2006

After two years of sluggish growth, the Korean economy is now recovering. Economic activity began to revive in the early part of 2005 and accelerated throughout the year, reaching an annualized rate of nearly 7.5 percent in the third quarter, its fastest pace since 2003. What is encouraging is that…