South Korea

SEOUL — At a time when much of the advanced world is unloading its debt, South Koreans are still borrowing at a feverish rate that economists say is unsustainable, and potentially dangerous. South Korean household debt now stands at 155 percent of disposable income, according to the Organization for Economic Co-operation and Development.

Sections:  news   world   
Topics:  asia   debt   economy   global economy   south korea   
RELATED ARTICLES
BING NEWS:
  • South Korea tries to curb mounting household debt and avert a crisis
    SEOUL — At a time when much of the advanced world is unloading its debt, South Koreans are still borrowing at a feverish rate that economists say is unsustainable — and potentially dangerous. South Korean household debt stands at 155 percent of ...
    07/9/2012 - 8:55 pm | View Link
  • KOR/SOUTH KOREA/ASIA PACIFIC
    -----BEGIN PGP PUBLIC KEY BLOCK----- mQQNBFUoCGgBIADFLp+QonWyK8L6SPsNrnhwgfCxCk6OUHRIHReAsgAUXegpfg0b rsoHbeI5W9s5to/MUGwULHj59M6AvT+DS5rmrThgrND8Dt0dO+XW88bmTXHsFg9K jgf1wUpTLq73iWnSBo1m1Z14BmvkROG6M7+vQneCXBFOyFZxWdUSQ15vdzjr4yPR oMZjxCIFxe+QL+pNpkXd ...
    02/26/2012 - 11:00 am | View Link
  • More
BING SEARCH:
  • [Editorial] Alarming debt growth
    South Korea’s rapidly climbing household debt is a key factor hampering ... Alarming debt growth Mortgages ... there is no doubt that the mounting household debt ...
    06/28/2016 - 4:42 am | View Website
  • IPS south korea
    south korea South Korean Economy ... South Korea bears a pubUc foreign debt of over $5.5 billion and a 1973 debt service ... Park is mounting precautions to avert a
    06/24/2016 - 5:04 pm | View Website
  • Mounting Debt, S. Korea’s Biggest Economic Setback ...
    Mounting Debt, S. Korea’s Biggest Economic Setback. ... The plan also nudges lenders to strengthen loan assessment procedures to curb the delinquency rate. ...
    05/9/2016 - 11:25 am | View Website
  • Korea needs to speed up fiscal reform to curb rising ...
    ... given calls have been mounting for ... Korea needs to speed up fiscal reform to curb rising national debt ... Korea’s estimated debt to GDP ratio ...
    11/2/2015 - 3:28 pm | View Website
  • Asia Times Online :: China bids to curb mounting local debt
    China Business ; South Asia ; Southeast Asia ; Japan ; Korea ; Middle East ; Central ... China bids to curb mounting local debt
    02/2/2015 - 2:11 pm | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More World News