S. Korea to nurture food industry as new growth engine

south korea’s finance minister has been laying out plans to nurture the nation’s food industry to give the local economy and much-needed shot in the arm I came here song tells us more finance minister Hyun MD says the government will double the size of key food industries over the next 10 years to turn it into a […]

PS. In Theory: Economic Growth

Economic growth is a central concern for all societies. On one hand, unbridled growth poses serious environmental risks. On the other hand, rising incomes are a foundation of social and political stability. According to Harvard University economist Benjamin Friedman, rising incomes foster democratic institutions, public trust, and tolerance for minority groups, while stagnant or falling incomes tend to […]

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