SEOUL, May 28 (Korea Bizwire) – An analysis that Korea’s household debts have not only exceeded the OECD average but also reached the critical point which could trigger an economic crisis has come out. On May 27, at a seminar on “Korea’s Macro Leverage: the Analysis and Prospect” held by Korea Institute of Finance, a [...]
SEOUL, May 26 (Korea Bizwire) – Hyundai Economic Research Institute has published a report “Korea’s Social Capital Index” on May 25, comparing the index of Korea with those of 32 Organization for Economic Cooperation and Development member nations. Of the components of social capital, the report defined 15 indexes each for private and public social capital. The [...]
SEOUL, July 15 (Korea Bizwire) – Korea’s per-household communication expenses are third highest among Organization for Economic Cooperation and Development member countries. This is quite an opposite result from claims made by Korea’s telecom companies that the nation’s communications cost is lower than any other countries. According to the biennial OECD Communications Outlook 2013, [...]