(Bloomberg) -- South Korea's economic growth will
pick up ``modestly'' this year, driven by rising exports and a
rebound in domestic demand, the International Monetary Fund said.
The fund has been ``happily surprised'' with the pace of
the nation's export growth, Jerald Schiff, assistant director at
the IMF's Asia-Pacific department, told reporters in Gwacheon,
South Korea today. The economy is ``susceptible'' to threats
such as rising oil prices or global financial market volatility,
he said, adding the risks from a U.S. slowdown may be receding.
Read more at Bloomberg Emerging Markets News
pick up ``modestly'' this year, driven by rising exports and a
rebound in domestic demand, the International Monetary Fund said.
The fund has been ``happily surprised'' with the pace of
the nation's export growth, Jerald Schiff, assistant director at
the IMF's Asia-Pacific department, told reporters in Gwacheon,
South Korea today. The economy is ``susceptible'' to threats
such as rising oil prices or global financial market volatility,
he said, adding the risks from a U.S. slowdown may be receding.
Read more at Bloomberg Emerging Markets News
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