. Exports have grown rapidly but overall the country’s trade deficit continues to widen owing to an even faster growth in the …

programme, and the Millennium Development Goals. The strategy promotes three flagship programs, namely sustainable growth for … jobs and exports, poverty reduction by promoting pro-poor components of the national growth agenda, and providing an anchor … for pro-poor growth by building on low incidence of corruption and a regional comparative advantage in soft infrastructure. …

how rebalancing growth in Korea is different from the rest of the region, and discusses the challenges of highly leveraged …

KEY ISSUES Growth has continued to recover from the 2011/12 low. In an environment of declining inflation … planned program of infrastructure investment is expected to boost growth further. Monetary policy was appropriately tightened …

KEY ISSUES Context. Growth remains robust while inflation has fallen to very low levels. However, declining commodity …, strengthen financial sector resilience, and advance structural reforms to enhance competitiveness and growth. Policy …

in advancing growth-oriented structural reforms. The country’s close ties with the global economy, while a source of …, with growth expected to slow to 1.2 percent and core inflation running at historically low rates. Demand policies are … consistent with preserving macroeconomic stability, while supporting a recovery in growth. The external current account deficit …

fiscal and external surpluses and build strong buffers. Large infrastructure investments are expected to support the growth … momentum. Outlook and risks. Overall real non-oil gross domestic product (GDP) growth is projected to increase modestly to 3 … generations through lower current spending growth, particularly in wages and public employment, and higher nonoil revenues …

and on the structural agenda to boost competitiveness and growth. Nonetheless, implementation risks are high, and …

momentum in economic growth supported by sustained public investment and increased prices for commodity exports. The IMF report …