Search for New Growth Engine

Seonu Suk-ho
March 2007
Korea Focus;Spring2007, Vol. 15 Issue 1, p32
The author reflects on the increase in the per capita gross national income of South Korea in 2007, which has been attributed to the strong value of won. The author cites that the appreciation of the won is caused by the increased demand for the currency due to steady export growth and increased foreign investments. He adds that the growth in exports has been made possible since companies in the country have grown into world-class enterprises.


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