Real Reality
Joined: 10 Jan 2003
Location: Seoul
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 Posted: Sun Feb 26, 2006 4:52 am Post subject: 27% of Economy Goes Underground |
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27% of Economy Goes Underground
... A greater concern is that the Korean underground economy is growing at a rapid pace. An updated survey by Schneider showed that Korea's underground-economy-to-GDP ratio rose to 28.8 percent in 2003, while the OECD average dropped to 16 percent.
By Kim Sung-jin, Korea Times (February 26, 2006)
http://times.hankooki.com/lpage/200602/kt2006022617591810230.htm |
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