dailies-editorials (2)(EDITORIAL from Korea Times on July 17)Korea Inc. at crossroads It's time to discuss stable and sustainable growthThe Korean economy is a total mess. Economic policymakers will deny it. However, most Koreans, especially working-class people, think so. The growth rate remains below the average of the OECD, a club of mostly wealthy nations, while exports fall, consumer prices rise, debts swell, the property bubble remains, real wages stay the same, and the income gap widens. At an emergency meeting on July 4, the government presented three goals ― reinvigorate economic vitality, improve the economic structure, and stabilize public livelihood ― for the second half of this year.

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