Korea leads Asia's recovery

Analysts are taking note of Korea's increasingly strong economic performance amid the global gloom.

Optimism is growing for Korea's recovery from a sharp slowdown in the wake of the worldwide financial crisis and recession, largely thanks to the government-led stimulus measures and aggressive interest rate cuts by the central bank. Indeed, Asia's fourth-largest economy has impressed many investors by its surprising rebound, especially compared with its regional peers.

We think the consensus has consolidated behind the view that Korea's is the strongest economic recovery in Asia ex-China, said Tim Condon, ING chief economist for...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: tim condon | korea | sean darby | steven lim | imf | fiscal stimulus

Print Edition

FinanceAsia Print Edition