The Korean EconomyBank of Korea, 2002 - Finance |
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4.1 per cent amid a sharp ANNUAL CHANGE BALANCE(BIL.US Bank of Korea billion dollars billion U.S. dollars Call market rates CAPITA GNI(US cent per annum chemical industries chronic inflation competition CONSUMER PRICE INFLATION corporate sector currency crisis current account balance current account deficit current account surplus dollars in 1970 Economic Development Plan economic environment economic recovery economic stability export industries EXTERNAL DEBT financial institutions foreign capital foreign debt foreign exchange market GDP GROWTH RATE GROSS SAVING RATIO heavy and chemical IBRD increase of consumer industrial restructuring KEY ECONOMIC INDICATORS Korea was able KOREAN BANKS Korean economy Korean won KOSPI labor market liquidity newly industrializing economies non-performing loans NUMBER OF FINANCIAL OECD owing period from 1990 price instability pursue macroeconomic stabilization raised its target REAL GDP GROWTH recovery of exports SMEs stable movements Strengthening structural adjustment structural reform surplus contracted target call rate upward trend USABLE FOREIGN widened sharply won's