New Economic Policy Plan Heralds Paradigm Shift for S. Korea

SEJONG, Jul. 25 (Korea Bizwire) — The economic policy plan of the new Moon Jae-in government released on Tuesday effectively proclaims a paradigm shift toward income- and consumption-led growth moving forward. It marks a full-fledged move to realize President Moon’s slogan of “income-led growth,” that calls for increasing household income and spending with the help [...]