Arab Today, arab today report foresees 5 growth for korea despite aging population
Last Updated : GMT 10:43:16
Arab Today, arab today
Arab Today, arab today

Report foresees 5% growth for Korea despite aging population

Arab Today, arab today

Arab Today, arab today Report foresees 5% growth for Korea despite aging population

Seoul - Yonhap

South Korea's economy is expected to tide over its aging demographic and post an annual growth of 5 percent down the road on its rising working population, a report showed Tuesday. "The Asian Tigers were named for their strong growth from the 1960s to the 1990s. But they have slowed down, (as) their last 5-year real gross domestic product (GDP) growth average of nearly 3 percent is a third of the near 9 percent growth average over 1960-1980," said Amlan Roy, a researcher at Credit Suisse.

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