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Politics : Formerly About Advanced Micro Devices

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To: Joe Btfsplk who wrote (726712)	7/15/2013 1:26:26 PM
From: bentway	Read Replies (1) of 1577280

S. Korea is Keynesian. Despite your fantasies. en.wikipedia.org "Despite the global financial crisis, the South Korean economy, *helped by timely stimulus measures* and strong domestic consumption of products that compensated for a drop in exports, [56] was able to avoid a recession unlike most industrialized economies, posting positive economic growth for two consecutive years of the crisis. In 2010, South Korea made a strong economic rebound with a growth rate of 6.1%, signaling a return of the economy to pre-crisis levels. South Korea's export has recorded $424 billion in the first eleven months of the year 2010, [57] already higher than its export in the whole year of 2008. The South Korean economy of the 21st century, as a Next Eleven economy, is expected to grow from 3.9% to 4.2% annually between 2011 and 2030, [58] similar to growth rates of developing countries such as Brazil or Russia. [59]"

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