IMF Executive Board Concludes 2016 Article IV Consultation with the Republic of Korea

They underscored the need to promote competition in the service sector and among small and medium enterprises to raise productivity. They also
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Productivity decreased 0.4 percent from Q2 2015 to Q2 2016

From the second quarter of 2015 to the second quarter of 2016, nonfarm business sector labor productivity decreased 0.4 percent, as output rose 1.1
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