Typically during a recession, actual economic output drops below its potential, which creates a negative output gap. That below-potential performance may spur a central bank to adopt a monetary policy ...

SEOUL, Dec 19 (Reuters) - South Korea's potential economic growth rate is estimated to have fallen to around 2% and is projected to fall further below 1% by the late 2040s due to a lack of ...

This indicates that stabilizing economic growth and stimulating internal growth momentum will be the main focus of the country's economic work next year. In the past decade, the three main drivers ...