Yoon Soon-bong, vice president of the Samsung Economic Research Institute, said in a paper for the group, “Gross domestic product has stood at $10,000 for the past seven years, and economic sentiment is at its worst. Domestic demand is sluggish and the economic gap is growing. If we do not find a new growth engine, one that compels companies to invest, the Korean economy’s average growth potential will likely remain at 4 percent per year through 2010.” ‘Growth potential’ is the highest theoretical growth rate that will not trigger inflation.
‘Digital test bed’ touted to capture technology
Korea JoongAng Daily
2004.9.13.
How’s this for a vision? South Korea must be turned into an experimental laboratory for the world digital technology, and the government must pour money into information technology in order for its economy to rebound. That is the gist of a proposal put forth at an economic symposium jointly hosted …
2004.9.13.
How’s this for a vision? South Korea must be turned into an experimental laboratory for the world digital technology, and the government must pour money into information technology in order for its economy to rebound. That is the gist of a proposal put forth at an economic symposium jointly hosted …