• Korea's Potential Economic Growth Projected To Hover Near 3.5 Percent

South Korea's potential economic growth is expected to remain around the mid-3 percent range in the next five years due to sluggish investment and lack of new growth engines.

The National Assembly Budget Office forecast the country's potential growth rate to average 3.6 percent in the 2014 to 2018 period, which is the pace at which annual output can expand without pushing up inflation.

Financial experts said the lower projection was in consideration of the tepid investment, shrinking workforce and weak domestic demand.■
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