Global projects for Korean exporters
By Semoon ChangThe Korean economy heavily depends on exports to other countries. Successful exports, in turn, depend significantly on how well the importing countries are doing, which is measured by the growth rate of their real gross domestic product. High growth rates of a country mean that the country’s consumers are doing well and buy more foreign goods. Low growth rates of a country will slow down imports. Growth rates of other countries clearly are an important consideration to many Korean exporters. Today, I will let you know the projected economic trends of selected countries,The CESifo Group consists of the Center for Economic Studies (CES), the Ifo Institute and the Munich Society for the Promotion of Economic Research. The Ifo Institute at the University of Munich is one of the leading economic research institutes in Europe, and at the same time is the one most often quoted in the German media. The Ifo Institute conducts a quarterly survey of the world economy. I am lucky enough to have served on the Ifo survey panel for more than 10 years. Let me first introduc
