Korea’s Challenges Ahead—Lessons from Japan’s Experience

Korea’s Challenges Ahead—Lessons from Japan’s Experience
This paper draws out the parallels between Korea and Japan in terms of demographics, potential growth, balance sheets, asset prices and inflation. Korea’s demographic trends seem to track Japan’s with a lag of about 20 years. Low productivity in the service sector and labor market duality are common to both countries and need... READ MORE...

Publication date: January 2017
ISBN 9781475568882
$18.00

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