“Inequality is bad for economic growth and bad for poverty reduction. In the past researchers were not able to exactly quantify the effect of inequality in the context of economic shocks. This graph ...
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Negative growth likelihood has tripled in past decade, BOK says 'structural reforms' required
Korea’s economic “resilience” has weakened, raising the likelihood of negative growth. The country's potential growth rate is declining due to low birthrates and an aging population while delays in ...
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