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In
a replication of the trends observed in
the developed industrial countries, South
Korea is experiencing an unsustainable
build up in household debt, on a trajectory
that seems self-reinforcing. But South
Korea is by no means an exception, as
this is a trend that is widespread in
the region.
*
This article was originally published
in the Frontline, Volume 29 - Issue 20:
Oct. 06-19, 2012.
October 15, 2012. |
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