Analysis - Park's promise of second South Korea miracle risks ringing hollow

SEOUL (Reuters) - South Korean President Park Geun-hye took office in February pledging a "Second Miracle on the Han River", a reference to her father's rapid 1970s industrialisation, but nine months into office little has materialised.

On the face of it, there is little wrong with what is one of Asia's industrial powerhouses, but longer term the lack of a viable domestic economy based on services means the world's fastest ageing country could face a major collapse in growth.