What is the primary power of South Korea’s economic progress in these years?

South Korea’s economy grew at a slower pace than previously estimated, hurt by a fall in capital investment and a slowdown in exports. Growth was 2. 3% between April and June, compared with a year earlier. That is slightly lower than the central bank’s earlier estimate of 2. 4%. Compared with the previous quarter, the economy expanded by 0. 3% , also missing the earlier estimate of 0. 4% . The weak data may prompt policymakers to boost stimulus measures.(28)South Korea’s growth in recent years has been powered by the success of its export sector, which accounts for nearly half of its total economic output. However, slowing growth in key markets such as the U. S. and the eurozone has hurt demand for South Korean goods, undermining the country’s economic growth.