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Maeil Business Newspaper
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Bank of Korea’s shocking confession: “Korea’s potential
“Jang Lu will stop at 79 over the next five years.”
Entered 2024.12.79. 8.00 pm
Original text of article
Reporter Ryu Young-yuk
Reporter Moon Ji-eum
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Bank of Korea
BANK OF KOREA
YONHAP
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[Photo source
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Yonhap News]
Potential growth that indicates the sustainability of the Korean economy
Korea says grass will fall to 1% starting next year
The bank warned: The Bank of Korea will reform the labor market and expand
Increased birth rate, labor market participation of older women, etc.
Potential growth within 20 years without dramatic structural reform
It is better to analyze that the pool may fall to 0%.
On the 19th, the Bank of Korea issued a report titled ‘Sleep of our Economy’ containing this content:
A report titled ‘Re-growth rate and future outlook’ has been announced.
Silver’s potential growth rate figures were released in 2021.
It’s been 3 years since then. Potential growth products include capital and labor, etc.
Stimulates inflation when productive resources are used efficiently
It means growth that can be achieved without doing anything.
The Bank of Korea expects the potential growth rate, which is around 2% this year, to start next year.
It is expected that the annual average will drop to 1.89 by 2029.
There is high analysis. It was around 5% in the early 2000s.
Potential growth continues to decline. 2010
In the early teens, it was polluted in the low to mid 3% range from 2016 to 2020.
There are no mid-2% levels in:
If the current situation continues, it will not be long before we reach 0%.
This is the Bank of Korea’s perspective. 1 between 2030 and 2034
After hitting the 3% mark, it will rise to 0.6-0.7% in the 2040s.
It is expected to be
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