Presentation of Sung-Won Kang, from the Korean Public Policy Research Department, looks at the looming fiscal crisis in PIGS (Portugal, Ireland, Greece and Spain) , the effect of Korea’s national debt on credibility and fiscal soundness. He said that in preparing for a possible financial crisis, "the Korean government should take a more conservative stance in regards to its fiscal management and increase tax revenue to address maturing of national debt".
http://www.seriworld.org/01/wldContV.htmlmn=A&natcd=KR&mncd=0301&key=20100219000001§no=
