Korean funds will rise, predicts OECD report

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KOREA - Funds managed by Korea's National Pension Fund Corporation, which currently equal 14% of GDP, may rise to equal 100%, says a new country report by the Organisation for Economic Cooperation and Development.

The National Pension Scheme added the self-employed in urban areas in 1999. However, the Ministry of Planning and Budget argues that the social security surplus should not be counted in the budg...

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