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World Bank ‘sudden economic recession, marked slowdown in trade’ Korean media ‘upward’ The World Bank published a report of a “sudden recession” and “significant slowdown in trade” in the economy this year, but the Korean media reported mostly as “a slight increase in the global growth rate to 2.1%.” World Bank Chief Economist Indermit Gill said at a press conference on the 6th that the World Ec..

The gap between the rich and the poor widened due to the economic recession and the oversupply stimulus, the polarization of the luxury market and the low-cost market progressed, and the government started a policy to regulate household loans. Imports of imported cars and high-priced consumer goods from Europe surged, and imports in the first quarter surged 12% year-on-year, and new loans for se..