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remittances, and a sound management of the pandemic-with the help of a disbursement under the Rapid Financing Instrument (RFI …
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been mild given an early reopening of the economy, unprecedented policy support, and resilient remittances and exports …
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eight years: the national poverty rate decreased from 26.4 percent in 2008 to 9.6 percent in 2015. Remittances by emigrants …
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Non-Financial Corporate Sector. Non-financial corporate leverage as share of GDP in Korea remains higher than peer countries but has remained stable since 2013 at around 100 percent of GDP. The stock of non-corporate debt has become slightly more resilient due to the deleveraging of...
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