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Korea's growth potential stays at level predicted before crisis: report
Date
2011.05.20
제목 없음 South Korea's potential growth rate remains at the level predicted before the global financial crisis as the turbulence has had a "limited" impact on the nation's fundamentals, a state-run think tank said Thursday.

South Korea's potential growth rate -- the maximum rate of economic growth without causing inflation -- currently stands at about 4.3 percent, the level predicted before the financial turbulence hit the world in late 2007, according to a report by the Korea Development Institute.

Source Text: Yonhap News (May 19, 2011)

 

 

 



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