Independent journal on economy and transport policy
19:33 GMT+2
S. Korea Q2 GDP growth exceeds forecast to 9.8%
(The Star Online)
August 20, 1999
SOUTH Korea's economy grew a powerful 9.8% over the year to the second quarter of 1999, surpassing expectations and sharply rebounding from a 7.2% contraction a year earlier.
The Bank of Korea said yesterday the growth was led by investment in plant and equipment during the April-June period. Private consumption and exports contributed to the economy's ...... Read more on The Star Online
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