Number: RS20041
Title: South Korea's Economic Prospects
Authors: Raymond J. Ahearn, Foreign Affairs, Defense, and Trade Division 
Abstract: As South Korea has completed a full year of restructuring under an International Monetary Fund (IMF) imposed program, the prospects for a sustained economic recovery are mixed. To return the economy to a healthy growth trajectory, the government is attempting to reform the financial and corporate sectors, as well as to create more flexibility in labor markets.
Pages: 6
Date: Updated February 1, 1999