Monday, February 3, 2014

Gary Shilling likes South Korean investments

Chronic government surpluses and low debt are advantages for South Korea, however. So, too, are huge foreign exchange reserves built up from years of current-account surpluses. It ranks 34th out of 177 countries for economic freedom. Other pluses include the highly educated workforce, a robust work ethic and solid banks.

That is why South Korea should be near the top of the list for investors interested in developing/semi-developed country markets.