Climate
TOPIC:
Tools » Institutions » National » South Korea » Dom. Policies » Environment » Climate
Category
articles
Date
2013-09-26
Actor
Mundy, Simon and So...
Source
Financial Times
Uploaded date
2013-10-04
Uploaded by
Jakob Lohmann
Link
Budget Shows S Korea’s Economic Challenges
"This relatively low stock of public debt, coupled with consistent current account surpluses, has strengthened South Korea’s appeal to investors since the 2008 financial crisis prompted many to withdraw capital from the country. A $1bn dollar-denominated bond issue on September 5 – South Korea’s first since 2009 – was heavily oversubscribed. On Tuesday Standard & Poor’s praised the country’s “healthy fiscal position” as it reaffirmed its A+ foreign currency rating with a stable outlook." (Quoted from article)
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