OECD calls on S. Korea for more transparency in taxes, regulatory policies to attract FDI
Social affairsFeb 9, 2015
The Organization for Economic Cooperation and Development (OECD) on Monday called on South Korea to enhance its transparency in taxes and regulatory policies to better attract overseas investment that can breathe new life into the country's economy.The Going for Growth 2015 report released by the Paris-based organization said "sustained rapid growth" has brought the country's GDP per capita to within a quarter of the upper half of other OECD members. It, however, pointed out the productivity is