The global economy remains in slow growth in 2013 due to worsening economic slowdown in the advanced countries, and delayed recovery in the developing countries. Top 5 global risks - the eurozone debt crisis, the US fiscal cliff, China’s hard landing, worries about Iranian oil price hike, and stronger protectionism - will continue to threaten the world economy.

The Korean economy is projected to grow at 3.0% in 2013 due to slower export performance, lower consumer confidence, and investment slump stemming from continuously slowing global demand.