Korea Reform a top priority

November 2004
OECD Observer;Nov2004, Issue 245, p21
Academic Journal
The article presents economic forecast of South Korea for 2005-06. Export driven in large part by China, are sustaining the expansion during a period of weak private consumption in the wake of the household credit bubble. Although export growth is now moderating, a pick-up in domestic demand, led initially by investment, is expected to maintain economic growth in the 4-5% range in 2005 and 2006. A slowdown in world trade growth before domestic demand revives would pose a threat to a continued expansion.


Related Articles

  • Croatia.  // Croatia Country Monitor;Apr2013, p1 

    This publication presents a report on the economy of Croatia as of April 2013. It states that weak export demand will combine with domestic demand to block efforts to exit its recession. It forecasts that the economic recovery will remain modest throughout the next several years. Economic...

  • BMI├é┬áResearch: Emerging Europe Monitor: South East Europe Monitor: Economy To Slow Further.  // Emerging Europe Monitor: South East Europe Monitor;Jan2009, Vol. 16 Issue 1, p4 

    The article forecasts the decline of economic growth in Bulgaria in the 4th quarter of 2008 and 2009 despite its increase in the 2nd and 3rd quarter of 2008. The authors expect that growth dynamics will deteriorate significantly as a result of dwindling external credit lines, shrinking export...

  • Poland Still The Regional Standout.  // Emerging Markets Monitor;8/22/2011, Vol. 17 Issue 20, p13 

    The article provides an economic outlook for Central European countries in 2011. According to the forecast by Business Monitor International (BMI) analysts, they expect a continued slowdown in Central European economic expansion amid a moderating eurozone demand.They caution the susceptibility...

  • Tomorrow's world. Knight, Jonathan // Nature;12/11/2003 Nature Outlook, Vol. 426 Issue 6967, p709 

    Delves into the expectation of success in the economy of San Diego. Contribution of chemical sensor industry in the economic development of the town; requirements for the making of artificial organs; Performance of pharmaceutical industry in San Diego; Association of San Diego with wireless...

  • CE4 Domino Effect.  // Emerging Europe Monitor: Central Europe & Baltic States;Dec2006, Vol. 13 Issue 12, p1 

    The article focuses on the economic growth of the Central European (CE4) states Czech Republic, Poland, Hungary and Slovakia, as of December 2006, and assesses the outlook for 2007. Economic growth in Germany, which is set to reach nearly 2.0 percent, has important implications for the CE4....


    The article offers economic forecasts for European countries. In 2005, economic growth in Europe declined. In 2006, it is seen that economic growth will accelerate and slow down by 2007. Domestic demand will be the major contributor to gross domestic product growth. If growth in world trade...

  • Global Oil Market Overview.  // Argentina Oil & Gas Report;Q3 2008, p14 

    The article provides an overview of the performance of global oil market worldwide as of the year 2008. The effect of supply and demand fundamentals on the director of crude prices, the over-dependence of OPEC as a crude supplier, and the adverse impact of increasing oil price on global economic...

  • China: What Is The Worst Case Scenario?  // Emerging Markets Monitor;10/20/2008, Vol. 14 Issue 28, p9 

    The article discusses an economic forecast for China. It is forecasted that of all growth drivers in the country goes down, economic development rate of China will go down to between five to six percent. It is asserted that the overall condition of the economy will remain dependent on the export...

  • The New Market Paradigm.  // Middle East Monitor: The Gulf;May2005, Vol. 15 Issue 5, p1 

    The article discusses the rise in oil prices in Middle East. It is a speculative-driven boom, with prices propelled by herd mentality among market participants. The key fact about oil is that it is traded at the margin, with large price movements on the basis of comparatively small changes to...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics