How Long to Read Korea’s Growth Prospects: Overcoming Demographics and COVID-19

How Long Does it Take to Read Korea’s Growth Prospects: Overcoming Demographics and COVID-19?

It takes the average reader and 39 minutes to read Korea’s Growth Prospects: Overcoming Demographics and COVID-19 by Mr. Andrew J Swiston

Assuming a reading speed of 250 words per minute. Learn more

Description

Korea’s economy has leaped to high-income status thanks to several decades of sustained high growth. However, population aging and shifts in global demand provide headwinds for future growth and Korea now faces the effects of COVID-19 on economic activity. This paper asseses the expected drag on potential growth from these factors and discusses policies that could provide offsetting upward momentum by facilitating structural transformation. We find that potential output growth slowed to about 21⁄2 percent before the COVID-19 pandemic and would have fallen to 2 percent by 2030, mainly due to demographic factors. Moreover, there is a possibility of scarring from the COVID-19 shock as adjustment frictions from structural rigidities interact with shifts in demand and supply patterns, lowering investment and labor force participation. At the same time, industry-level analysis suggests ample scope to raise productivity, especially in services where productivity gains have lagged. Addressing these rigidities could offset a large proportion of the expected downward pressure on potential output.

How long is Korea’s Growth Prospects: Overcoming Demographics and COVID-19?

Korea’s Growth Prospects: Overcoming Demographics and COVID-19 by Mr. Andrew J Swiston is 38 pages long, and a total of 9,804 words.

This makes it 13% the length of the average book. It also has 12% more words than the average book.

How Long Does it Take to Read Korea’s Growth Prospects: Overcoming Demographics and COVID-19 Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 53 minutes to read Korea’s Growth Prospects: Overcoming Demographics and COVID-19 aloud.

What Reading Level is Korea’s Growth Prospects: Overcoming Demographics and COVID-19?

Korea’s Growth Prospects: Overcoming Demographics and COVID-19 is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Korea’s Growth Prospects: Overcoming Demographics and COVID-19?

Korea’s Growth Prospects: Overcoming Demographics and COVID-19 by Mr. Andrew J Swiston is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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