Semiconductor-led growth conceals deeper structural weakness in Korea’s economy
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A semiconductor export boom is underpinning Korea's economic growth, but deeper structural weaknesses continue to weigh on its long-term trajectory, economists and market analysts said Sunday. Their view is that policy measures are needed to ease the economy's heavy reliance on semiconductors, while long-term efforts should focus on boosting growth in the face of a rapidly aging population and low birth rates. According to the latest data from the Organization for Economic Cooperation and Develo
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