Tag - ‘Korea must be led by private sector to maintain long-term growth’

‘Korea must be led by private sector to maintain long-term growth’

South Korea‘s economy must firmly be led by the private sector if it wants to achieve sustainable growth, a public committee dedicated to formulating the country’s long-term growth strategy said Thursday. The committee, made up of economists from local thinks tanks and government policymakers and cochaired by Finance Minister Choi Kyung-hwan and Korea International Trade Association CEO Kim In-ho, said rapid changes taking place around the world and stiffer competition from countries like China are making it imperative that Seoul [...]

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