Economic effects of Hallyu

2015-05-14 26

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Economic effects of Hallyu
How much does Hallyu, or the popular Korean Wave, contribute to the country's economic growth? A recent survey conducted in 29 countries shows the effects mount to roughly US$11.5 bil. From an increase in cosmetics exports to growth in tourism, Korea has been raking in positive economic effects. But is this growth sustainable? We talk to an expert.

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