Outlook on Korea over the Next 10 Years

Author
Dominic Barton
Date
2001-07-19
Views
6479
D.Barton_The_Status_of_Korea's_Restructuring1

Outlook on Korea over the Next 10 Years

- Speaker: Dominic Barton, Director & Managing Partner, McKinsey's Seoul

- Date : July 19, 2001.

"As we look out to 2010... we believe that the Korean economy on a purchasing power parity basis could and should aspire to becoming a top ten OECD-sized country. That would imply a growth rate of slightly over 6% per annum... If we then compare it to other countries in terms of per capita income, it would put Korea about seventh in the world...”

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