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Diminishing chance of joining advanced nations
The potential growth rate of the Korean economy which marked 6.5 percent in the 1990s has now dropped to around 3 percent and the nominal GDP per ca..

Insurers and premium
A few years ago, an insurer launched a TV commercial featuring anxious people. In it, children who cannot sleep due to anxiety express their worries..

Lifting dark clouds of war
Ever since Kim Jong-un became North Koreas leader on Dec. 17, 2011, the clouds of war have reappeared and are becoming darker. The announcement of..

Central bank needs to cut interest rates
After the monetary policy committee of the BOK left the policy rate unchanged in January, and contrary to market expectations, another month passed ..

Competitive productivity
The shortcoming of the traditional understanding of productivity is that it overlooks the nature of competitiveness. The key question in a competiti..

Pent-up demand set to boost stocks
The Korean stock market's upside continues to shine despite negatives. The fiscal cliff problem in the United States remains a drag on investors' ps..

Record numbers 'inspired' by Korea
Last year the world loved South Korean culture more than ever. Even as slowing trade dragged down global growth, millions danced happily to Psys v..

Korea and financial hub
For a number of years Korea has been exploring ways of achieving its vision of becoming a financial hub. Through the FN Hub team in the Financial Su..

Is Korea underperformers' market?
As of January 2013, optimism and conservatism co-exist in the stock market. On the one hand, arguments for raising exposure to risky assets are bein..

Any signs of improvement in eurozone?
Potential growth in the eurozone, calculated in the usual manner, is very low, i.e. around 0.5 percent per year. This raises a number of problems: d..

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'We only tell the truth'