Korea's economic actors Archives | Be Korea-savvy
All Economic Actors See Their Debt Ratio Exceed WEF-set Critical Point

All Economic Actors See Their Debt Ratio Exceed WEF-set Critical Point

SEOUL, Oct. 29 (Korea Bizwire) – Korea’s economic actors, including households, firms, and governments, have all exceeded the critical point of debt burden as set by the World Economic Forum. According to Congressman Lee Hahn-koo (New Frontier Party), the ratios of debt to the gross domestic products as of the end of 2013 for households, firms, and [...]