Japan's Economic Recovery: Policy Implications for Korea

Japan's Economic Recovery: Policy Implications for Korea

- Speaker: Fukagawa Yukiko, Professor, University of Tokyo

- Date: March 28, 2006.

“Japan’s experience shows that consistent reform is the only resource to follow to go back to sustainable growth, and investment is the most crucial issue for the Korean economy because investment can only upgrade your growth potential without inflation. So for that purpose, service sector integrations with a bigger market is crucial because the Korean domestic market is limited..."