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Economic Value and Effect of 2010 Winter Olympics
No.609, Mar. 8, 2010
The XXI Vancouver Winter Olympics captured the hearts and minds of people across the world. Korea, in particular, performed superbly in sports typically dominated by advanced countries; for instance, gold medals were won not only in short track speed skating, a sport which Koreans traditionally excel in, but also in women¡¯s figure skating and men and women¡¯s speed skating in the 500m and also men¡¯s 10,000m events. As a result, Korea came in fifth place overall in the Winter Games, commanding the status of a national powerhouse. Korea's success as the world's fastest country in industrialization and democratization was intertwined with the Olympic victories, together encouraging a strong sense of national pride. The year 2010 is of particular historical significance to Koreans as it marks 1) the centennial year since the signing of the Japan-Korea Annexation Treaty, 2) the 60th anniversary since the outbreak of the Korean War and 3) 50 years since the April Revolution. In this vein, Korea's Olympic performance is expected to act as a catalyst for the adoption of a series of moves that aim to advance national status.
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Weekly Focus: Trade Returns to Surplus in February
Industrial Output in January Jumps Year-on-Year
Major Events
Market Trends
Weekly Insight: Economic Value and Effect of 2010 Winter Olympics
 
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Mar. 8, 2010
No.609
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Weekly Focus: Current Account Posts Deficit after 11 Straight Months of Surplus
Banks' Lending Rates Hit 13-Month High in January
Major Events
Market Trends
Weekly Insight: Rare Metals and Industrial Competitiveness: Efforts to Secure Supply and Response Measures
 
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Mar. 2, 2010
No.608
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Weekly Focus: Export and Import Prices Turn Downward in January
Domestic Banks' Foreign-Currency Liquidity Conditions Improve
Major Events
Market Trends
Weekly Insight: Transformation of Business Models in Mobile Big Bang Era
 
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Feb. 22, 2010
No.607
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Weekly Focus: Unemployment Rate Hits Nine-Year High in January
M2 Growth Slowed in December 2009
Major Events
Market Trends
Weekly Insight: Trends in Discussions on US Fiscal Soundness and Policy
 
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Feb. 16, 2010
No.606
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Weekly Focus: January Exports Expand at Their Fastest Pace Since the 1990s
Net Profit at Banks Fall 8.6% in 2009
Major Events
Market Trends
Weekly Insight: Smartphones Shaping the Future
 
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Feb. 8, 2010
No.605
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Weekly Focus: Real GDP Grows 0.2% in 2009
Current Account Posts Record-High Surplus in 2009
Major Events
Market Trends
Weekly Insight: Background to Recent Exchange Rate Volatility and Prospects
 
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Feb. 1, 2010
No.604
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Weekly Focus: Household Loans Mark the Biggest Rise in Five Months
Direct Financing Jumps in 2009
Major Events
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Weekly Insight: Seven Major Issues for Global Corporate Management in 2010
 
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Jan. 25, 2010
No.603
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Weekly Focus: Producer Prices Fall 0.2% in 2009
Largest Annual Fall in Employment Since Currency Crisis
Major Events
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Weekly Insight: Korea's Ten Major Trends in 2010
 
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Jan. 18, 2010
No.602
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Weekly Focus: FDI Edges Down in 2009
Korea Posts Record-High Trade Surplus in 2009
Major Events
Market Trends
Weekly Insight: Causes of Sluggish Facilities Investment: Focus on Structural Factors
 
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Jan. 11, 2010
No.601
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Weekly Focus: Real GDP Growth Averages 7.5% from 1971 to 2008
Labor Productivity Sharply Improves in the Third Quarter
Major Events
Market Trends
Weekly Insight: Korean Economy in Retrospect for 2009
 
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Dec. 28, 2009
No.600
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New Growth Strategy of Korean Companies
Mar. 2, 2010
New Three Highs and the Korean Economy
Mar. 5, 2010
WPS Technology
Mar. 5, 2010
Rare Metals and Industrial Competitiveness: Efforts to Secure Supply and Response Measures
Mar. 2, 2010
Economic Value and Effect of 2010 Winter Olympics
Mar. 8, 2010
   
 
 
 
 

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