Press Coverage on the Korean Economy – July 27th

Bloomberg columnist William Pesek see’s
Korean economy in rapid recovery

Call for Rapid Recovery Is Bubble All Its Own: William Pesek’

   On July 27th,  Pesek said that Korea’s speed of economic growth is the fastest in 6 years SuperStock_1612R-11593and this is one of region’s few good news in a while. This also proves to be a sign that asian countries are faring the crisis much better than other parts of the world. He mentioned that Korea recorded a 2.3 percent growth in the second quater which fits the optimism that East Asia’s rebound from the global crisis may be “V-shaped.”   See more from  Bloomberg.com

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About FSC Korea
The Financial Services Commission has been established for the purpose of protecting the integration of Korea’s financial markets by promoting sound credit system and fair business practices. To this end, the FSC serves as a consolidated policy making body for all matters pertaining to supervision of the financial industry as a whole. To raise the efficiency, the posts of the FSC Chairman and the FSS Governor were separated on March 2008 for clear distinction between policy-making and execution of financial market supervision

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