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2019.05.23 Cartoon

May 23,2019
How long can President Moon Jae-in insist that our economy is in good condition in terms of its macroeconomic performance while renowned research institutes lower their prospects for our economic growth for this year? For instance, the Organization for Economic Cooperation and Development lowered its estimate to 2.4 percent from 2.6 percent. ING Group and Capital Economics came up with even gloomier forecasts — 1.5 percent and 1.8 percent, respectively.