South Korea : One of 7 Emerging Powerhouses

 

"South Korea, one of 7 nations that overcame Global Economic Crisis"
US magazine Foreign Policy highly evaluated President Lee's Stimulative Economic Policy.

The US diplomacy magazine  published article 'Who won the recession? These 7 Countries' in their November issue saying "The rise of China and India has long since become a cliche. In fact, neither country has done all that well since the crash of 2008 -- but South Korea, Poland, Canada, Sweden, Indonesia, Turkey,Mexico, these emerging powerhouses have cleaned up".

On Oct. 11th, Wall Street Journal published an editorial article saying "By embracing FTAs with U.S. and Europe, President Lee Myung Bak showed his attempt to open up South Korean market", also "this opening will provide benefits to South Korean consumers with expanded choices and less prices of products, resulting to development of the economy".