[ad_1]
There is a slight crack in the belief in growth driven by government revenues. The "minimum wage increase" is a policy that represents income-driven growth. However, the "economic control tower" and the Minister of Economy "brains" of the pbadport mentioned this negative effect of the minimum wage. Indeed, the slight performance of earnings-led growth has been proven by several numbers. First, it is the hint of employment. This is the first time since the global financial crisis of 2008 that the increase in the number of workers remained below 100,000 for the fifth consecutive month. It can be interpreted that the budgetary contribution for youth employment, the government policy to develop public employment and the reduction of working time have not been effective.
One of Jae's pride of the moon In government is the 3% growth achieved in four years last year. This is the official position of the government that it can grow by 3% this year. However, the Bank of Korea, which controls monetary policy, has lowered its growth forecast for this year from 3% to 2.9%. The BOK revised its forecast for next year's growth rate to 2.8%, down 0.1% from previous expectations (2.9%). The opposition of small business owners and independent businesses is also unimportant. The National Association of Traders held a press conference Monday to raise the minimum wage for next year.
Sluggish employment and economic indicators signal a fine-tuning of economic policy. Minister Hong was lucky at first. "I do not have the speed right now, so the burden increases before the money is spent," he said. Representative Kim, who chaired the meeting on emergency economic issues on December 12, met with reporters and said: "It should be considered flexibly in view of the economic situation and the conditions of the economy. employment." In addition, the leader of the Democratic Party, Hong Young-pyo, said at the meeting: "I am hurt by the lack of employment as the leader of the ruling party." After that, Deputy Prime Minister Kim went to Hong Kong headquarters and discussed employment measures. The government, surprised by the aggravated indicators and the unexpected disobedience of the group, is reportedly adjusting the minimum wage rate.
Company policies also change. President Moon met with Lee Jae-yong, vice president of Samsung Electronics, at the Samsung Electronics factory completion ceremony in India on September 9th. It is interpreted that the purpose of the company policy is to "right click" of "chaebol reform" to "growth". Kim Sang-Joo, chairman of the Fair Trade Commission, said, "The success or failure of government depends on how people solve the problem of eating and drinking," he said in a statement. an interview with the media.
But Cheong Wa Dae talks about this policy that is transforming the movement. In the pbadport, Lee said: "The result of neglecting the improvement of the overall structure of the industry during the government Lee Myung-bak and Park Geun-hye" (Hong Young-pyo, chief of bedroom). Professor Emeritus Professor of Economics at the Seoul National University said, "We have proven that income-driven growth policy has failed. We must now focus on revitalizing our investment and recovery growth potential. "
Sejong = journalist Hanam [email protected]
[ad_2]
Source link
