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8 Jul, 2014

Free time is good for boosting economy – Korea Times

Seoul – Free time is not a waste of time. Economists have pointed out that constructive use of it helps boost domestic consumption, on top of enhancing the productivity of workers.

With export-led economic growth showing limitations, the government is encouraging leisure pursuits to enhance the growth vitality of the economy from the long-term perspective ― it wants to create consumption through leisure.

However, Koreans are not enjoying their time off, both quantitatively and qualitatively, limiting its positive effect on the domestic economy, according to a report by the LG Economic Research Institute.

Read the rest: More leisure activities to help boost economy.