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Thursday 17 October 2013

South Korea Freight Transport Report Q4 2013:Automotive & Transportation Market Research Reports

Automotive & Transportation Market Research Reports
 
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South Korea Freight Transport Report Q4 2013
Oct 16th 2013, 00:00, by swapnil

BMI View: In line with our expectations, the initial concerns about the impact of so-called ‘Abenomics’ on South Korea’s economy have proven to be unfounded. Factors other than exchange rate valuations have enabled South Korea to maintain its export competitiveness and, by extension, the country’s freight industry has not been too badly affected. Additionally, South Korea has in recent years been a beneficiary of the structural deficiencies faced by the Japanese economy. We believe that any concerns towards the implications of Abenomics on South Korea should centre aroundon the structural reforms that Japan is hoping to undertake. The similarities both …

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