SOUTH KOREA: Tough Economy Deflates Business Confidence
Despite a higher than expected third-quarter GDP growth of 9.2% year on year, shrinking domestic demand is still a likely outcome for South Korea in 2001. Uncertainty in financial markets is on the rise, and the Samsung Economic Research Institute has reported a sharp deterioration in business confidence. The number of corporate bankruptcies increased to 646 in November 2000 - the highest volume since March 1999 - largely affected by the collapse of the Daewoo Motor Co. It is likely that the economic slowdown will continue into the first quarter of 2001.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
Help test our new apparel sourcing tool.
- Li & Fung eyes speed, innovation & digitalisation
- Digitalisation and data to disrupt supply chains
- 3D CAD comes of age
- EU eyes mandatory due diligence for apparel supply
- Unlocks for the future fashion sourcing landscape
- Li & Fung forms supply chain partnership with PVH
- Big data to help US firms improve clothing fit
- Labour rights risk Bangladesh EU trade benefits?
- Apparel group Sae-A opens second school in Haiti
- Hirdaramani to head WFSGI manufacturers committee
- Central and East Europe Report Package
- Central America strategic sourcing review - a focus on Guatemala, El Salvador and Honduras
- Outdoor performance apparel 2016: A broader perspective
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack