Country Economic Forecasts > South Korea - Oxford Economics Services

Country Economic Forecasts > South Korea

Country Economic Forecasts > South Korea - Oxford Economics Services
Country Economic Forecasts > South Korea
Published Jul 04, 2016
11 pages — Published Jul 04, 2016
Price US$ 185.00  |  Buy this Report Now

About This Report

  
Abstract:

Even though quarterly GDP growth in Q1 was revised up slightly to 0.5%, it does not change our modest 2016 annual growth forecast of 2.7%. Furthermore, the latest monthly economic data continues to be patchy and downbeat, underscoring our view that risks to growth remain on the downside. Meanwhile, amidst new challenges facing the economy from Brexit, we have lowered our 2017 and 2018 growth forecasts by 0.1% point to 2.8% and 3% respectively.We assess that both monetary and fiscal policy will maintain their easing bias. To counter risks to growth, the central bank cut the main policy rate by 25bp at the June policy meeting, while the government has proposed a supplementary budget. Though further easing in monetary policy is not completely ruled out, it will be have to be weighed against concerns that additional rate cuts will fuel stronger credit growth in the already highly leveraged household sector.

  
Source:
Document ID
338333
Country
Format:
PDF Adobe Acrobat
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Sections

Title
South Korea:
The following represents a general Table of Contents outline for the Country Economic
Forecast. The actual report may cover any or all of the topics listed below.
- Highlights and Key Issues - four/five paragraphs of analysis covering the
main economic and political issues contained in the subsequent Economic Overview
- Forecast Table showing % changes for the country - with 2 years of historical
data and 4 years of forecast data for the following:
- Domestic demand
- Private consumption
- Fixed investment
- Stockbuilding (% of GDP)
- Government consumption
- Exports of goods and services
- Imports of goods and services
- Unemployment
- Consumer prices
- Current account balance (US$ and % of GDP)
- Government budget (% of GDP)
- Short-term interest rates (%)
- Long-term interest rates (%)
- Exchange rate (vs. US dollar)
- Exchange rate (vs. euro)
- Economic Overview - two pages of events-driven analysis highlighting the
most recent economic activity and, where relevant, political developments of the
country, detailing significant changes to Oxford Economics' forecasts
- Charts and Tables - covering a full range of economic developments relevant
to the time period covered. These could include such topics as:
- Contributions to GDP growth
- Monthly industrial output
- Business and consumer confidence
- Unemployment rate
- Retail sales
- Prices and earnings
- Consumption and investment
- Government balance and debt
- GDP and industrial production
- Monetary policy and bond yields
- Background Information on the country
- One or two pages of text covering the main historical political and economic factors
that determine the country's current position
- Key Facts on the country
- Map of the country
- Key political facts
- Long-term economic and social development - changes since 1980
- Structure of GDP by output - latest year
- Long-term sovereign credit ratings and outlook
- Corruption perceptions index- latest year
- Structural economic indicators - changes since 1990
- Destination of goods' exports -prior years - latest year
- Composition of goods & services exports - latest year

Table Of Contents

Oxford Economics Services—Oxford Economics is a leading economic forecasting consultancy, producing macroeconomic and industry forecasts, analysis and data on 175 countries.

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Cite this Report

  
MLA:
Oxford Economics Services. "Country Economic Forecasts > South Korea" Jul 04, 2016. Alacra Store. May 17, 2025. <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-South-Korea-2111-6015>
  
APA:
Oxford Economics Services. (2016). Country Economic Forecasts > South Korea Jul 04, 2016. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-South-Korea-2111-6015>
  
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