韩国经济二季度增幅创五年多来之最（South Korea Economy Snaps Out of Stupor)
韩国经济当季表现与韩国央行本月早些时候公布的初步预计一致，基本符合道琼斯通讯社（Dow Jones Newswires）的调查预期。该调查预计，第二季度韩国经济较上季度增长2.4%，较上年同期下滑2.5%.
The South Korean economy roared back to life in the second quarter to put up its best quarterly performance in more than five years， raising hopes that the recovery in Asia's fourth-largest economy is sustainable.
The central bank， however， cautioned that the outlook for the second half of the year is largely uncertain， given the country's reliance on exports， which account for half of the $1-trillion economy.
Still， the performance added to recent evidence that Asian economies may be turning the corner and past their worst point of the current global financial downturn. Last week， China unveiled stellar growth figures for its economy.
Earlier Friday， the Bank of Korea said that gross domestic product in the three months ended June 30 rose a seasonally adjusted 2.3% from a quarter earlier. That compares with growth of just 0.1% in the first quarter.
The performance was the best since the fourth quarter of 2003， when GDP grew 2.6% from a quarter earlier.
From a year earlier， the economy shrank 2.5% after contracting 4.2% on year in the first quarter.
The performance matched the central bank's initial estimate earlier this month and was also largely in line with a Dow Jones Newswires poll that had predicted a 2.4% on-quarter rise and 2.5% on-year decline.
'Exports of goods rebounded significantly， while domestic demand began gaining momentum in the second quarter，' Kim Myung-kee， a director-general at the central bank's Economic Statistics Department， said at a media briefing.
Export volume jumped 14.7% on quarter， following a 3.4% decline in the first quarter. Private spending gained 3.3%， accelerating from a gain of 0.4% in the quarter earlier.
A 8.4% increase in capital investment - reversing a 11.2% decline in the first quarter - also contributed to growth.
Going forward， the central bank said that much would depend on export performance.
'The domestic jobs market is fragile and the U.S. economy still faces a double dip，' said Kim. 'Growth in exports will largely determine the pace of a rebound in the Korean economy.'
Economists seemed more upbeat in their assessment of the economy.
'As global demand continues to improve……Korea's exports are well positioned to recover faster than others……，' said Sharon Lam， Vice President， Research， at Morgan Stanley. 'Korea stands to benefit from any strong rebound in China， as it is China's second-largest import source.'
Last week， China said its economy grew 7.9% in the second quarter from a year earlier， accelerating from growth of 6.1% in the first quarter. Exports to China accounted for 12% of Korea's GDP last year.
The South Korean government has frontloaded almost 65% of its main budget in the first half of this year to boost the economy.
For its part， the central bank has kept its key interest rate steady at a record low of 2% for five months now. It slashed the rate by 325 basis points between October and February.
Most economists expect the central bank to stand pat on the policy rate for the rest of the year.
Earlier this month， the BOK said it expects the economy to contract 1.6% for the whole of 2009， compared with an earlier forecast for a shrinkage of 2.4%. The economy grew 2.2% last year.