The adverse global outlook took its toll on exports, investment plummeted, and growth disappointed at
2% in 2012. Meanwhile, inflation abated, and the current account surplus widened. Modest improveme...
in external conditions will sow the seeds of recovery, and growth will pick up gently to 2.8% in 2013, with
inflation remaining low and the current account surplus narrowing. Fiscal and monetary policy will broadly
accommodate growth. Preventing and mitigating old-age poverty poses a high-priority policy challenge. ------------ Source : Asian Developmlent Outlook Database - http://www.adb.org/sites/default/files/ado2013-korea.pdf
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