South Korea’s Stagnant Growth, Crisis Hope

The potential growth rate can be understood as the basic economic strength of a country.
Until the early 2000s, South Korea's potential growth rate was about 5%, but as of 2024, it has fallen to around 2%. This is a very serious figure.
2050 Forecast: According to the Bank of Korea, South Korea's potential growth rate is expected to decline to 0.6% by 2050. Moreover, if productivity and structural changes are not achieved, there is a possibility that it will fall below 0%.

Labor: Due to low birth rates and population decline, the impact of labor is rapidly decreasing. In the past, the contribution of labor was 0.7%, but it is currently only about 0.2%.
Capital: Due to a lack of investment activation, the contribution of capital has also decreased from 2.2% to 1.1%.
Productivity: In the competitive 21st century, improving productivity is crucial. However, South Korea's productivity contribution has significantly decreased from 2.1% to 0.7%.

The net foreign assets invested overseas by South Korean citizens and companies already amount to $2.5 trillion.
Future Potential Growth Engine: If these net foreign assets are maintained and grow, even a 10% annual return can generate more than 150 trillion won in profit. This is equivalent to the net profit of all companies listed on the domestic KOSPI.

The Governor of the Bank of Korea has also recently emphasized the importance of creative destruction. He pointed out the economic reality where survival is impossible without structural change, stating, "Unviable companies should be boldly liquidated, and productivity must be increased."
Although this may be a painful process, it is a necessary measure to maintain national competitiveness in the long term.

South Korea is a country that has achieved an unprecedented '39-fold growth' globally. This is due to the following national characteristics:

Survival Skills: It has shown strong survival capabilities by overcoming the Japanese colonial period and the Korean War.
Spirit of a Gambler: This is the DNA of challenging, enduring failures, and steadily moving forward.
Collective Will: Represented by national unity shown in the gold-collecting campaign during the IMF crisis and the 2002 World Cup.
Pioneering Spirit: This is the reason for the strong image of Koreans being efficient and diligent overseas.

Even if the potential growth rate is low and the domestic situation is bleak, we are a nation capable of overcoming crises. Let's believe in our DNA of overcoming obstacles and prepare for a positive future.

*YouTube Source: [이효석아카데미]

– [그냥효] 침몰하는 대한민국! 정녕 희망은 없는 것인가!!!

[Korean Summary]

[이효석아카데미]
“[그냥효] 침몰하는 대한민국! 정녕 희망은 없는 것인가!!!“

### 대한민국 잠재 성장률과 위기 극복 DNA

잠재 성장률은 국가의 경제 기초 체력으로 이해할 수 있어요.
2000년대 초반까지 우리나라의 잠재 성장률은 약 5%였으나, 2024년 기준으로 2% 수준으로 떨어졌습니다. 이는 매우 심각한 수치입니다.
2050년 전망: 한국은행 자료에 따르면 2050년쯤 우리나라 잠재 성장률은 0.6%까지 하락할 것으로 보입니다. 심지어, 생산성과 구조적 변화를 이루지 못한다면 0% 이하로 내려갈 가능성도 있다고 하네요.

우리나라 국민들과 기업들이 해외에 투자한 대외 순자산은 이미 2.5조 달러에 이르고 있습니다.
미래의 잠재 성장 동력: 이 대외 순자산이 유지 및 성장된다면, 연 10%의 수익률만으로도 150조 원 이상의 이익을 창출할 수 있어요. 이는 국내 코스피 모든 기업의 순이익에 버금가는 규모입니다.

한국은행 총재 역시 최근 창조적 파괴의 중요성을 강조했습니다. "죽을 기업은 과감히 정리하고, 생산성을 높여야 한다"는 이야기를 하며 구조적 변화 없이 생존할 수 없는 경제 현실을 지적했죠.
이는 고통스러운 과정일 수 있지만, 장기적으로 국가 경쟁력을 유지하기 위한 필수적 조치입니다.