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(Yonhap Interview) More productive, attractive regions outside Seoul key to sustaining growth: OECD officials
OECD officials link non-Seoul regional productivity to sustaining Korea's growth.
Context
What happened: OECD officials said South Korea should raise productivity and attractiveness in regions outside the capital area to sustain growth and address demographic challenges, in an interview with Yonhap News Agency.
Why it matters: They said population decline in some regions may create productivity issues, and called for rebalancing growth beyond attracting large firms, including investment in suppliers and regional amenities.
What changed
OECD officials said South Korea should raise productivity and attractiveness in regions outside the capital area to sustain growth and address demographic challenges, in an interview with Yonhap News Agency.
Why it matters
They said population decline in some regions may create productivity issues, and called for rebalancing growth beyond attracting large firms, including investment in suppliers and regional amenities.