Changing of the guard

Special Report: South Korea


The election of pro-growth president Myun-bak Lee in December has brought a new-found optimism to the South Korean market. The anticipation of a shake-up of the country's bureaucracy and liberalisation of financial markets has meant South Korean stocks have largely outperformed their peers in Asia.

A May study by Lehman Brothers, South Korea: Reaching Higher, reckons the country's economic growth rate could hit 5.5% a year for the next five years and 4.3% annual growth over the next three decades

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