Real Reality
Joined: 10 Jan 2003
Location: Seoul
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 Posted: Mon Sep 26, 2005 5:17 am Post subject: GDP, Pay Freeze, and Same Starting Pay |
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Per Capita GDP to Reach $45,000 in 2040: BOK
South Korea's per capita gross domestic product (GDP) is expected to rise to $45,000 in 2040 from about $17,000 projected for this year, the Bank of Korea (BOK) said in a report on Monday. It said the per capita GDP will reach $17,000 this year, up from $14,178 in 2004, on the basis of calculation method of the International Monetary Fund.
"Our forecast is not exaggerated," IMER economist Kim Hyun-jeong said. "It's based on neutral data, not on an optimistic or a pessimistic scenario." Kim also said the government's goal of $20,000 in per capita GDP by 2008 is possible at the current pace.
http://photo.hankooki.com/gisaphoto/20050926/kt2200509261718240GDP.jpg
By Kim Yon-se, Korea Times (September 26, 2005)
http://times.hankooki.com/lpage/200509/kt2005092617173810440.htm |
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