- ホーム
- > 洋書
- > 英文書
- > Business / Economics
Full Description
Despite the recent slowdown in world trade, Korea is projected to sustain growth of around 31/2 per cent during 2012. Given future spending pressures, fiscal policy should target a balanced budget (excluding the social security surplus). However, if the global economy were to experience a serious downturn, Korea has scope to respond with fiscal stimulus, given its strong fiscal position, and monetary policy easing. Looking further ahead, Korea faces two key challenges in developinjg: (i) Policies to promote economic growth; (ii) Policies to promote social cohesion by addressing rising income inequality and relative poverty. Divided into three chapters with two annexes, the Chapters examine the following areas: Chapter 1: Sustaining Korea's convergence to the highest-income countries; Chapter 2: Achieving the "low carbon, green growth" vision in Korea; Chapter 3: Promoting social cohesion in Korea.
