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...

Description complète

Détails bibliographiques
Auteur principal: Zoli, Edda
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2017.
Collection:IMF Working Papers; Working Paper ; No. 2017/002
Accès en ligne:Full text available on IMF