Moody’s optimistic about Korea’s economic outlook

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Moody’s evaluated that Korea’s per-capita income in purchasing-power terms(PPP) will reach $38,451 surpassing that of Japan and France in 2018. Moody’s said in its report Korea’s economy’s prospects are optimistic and will “maintain a ‘breakout’ growth pattern over five years.’ Moody’s estimates Korea would achieve economic growth rate of almost 4% in 2013.

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