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North Korea is vulnerable to coronavirus outbreak

Location:

NORTH KOREA/SOUTH KOREA

North Korean and South Korean responses to the COVID-19 coronavirus outbreak.

South Korea will regain growth momentum

Location:

SOUTH KOREA

Separately, the head of Samsung Electronics -- the cornerstone of the Samsung Group, which contributes around 20% of South Korea’s GDP -- has been cleared of wrongdoing in a…

GDP growth of 3% cannot be sustained in South Korea

Location:

SOUTH KOREA

This assumes optimistically that its policies are quick to boost growth in the second half of 2017. However, Bank of Korea data showed on July 27 that annual growth slowed to 2.7…

Economic headwinds will buffet South Korea

Location:

SOUTH KOREA

Unlike during the 1997-98 Asian financial crisis, South Korea now has strong fundamentals to confront external economic and political headwinds. However, President Yoon Suk-yeol…

South Korea’s economy will suffer less than most

Location:

SOUTH KOREA

The impact exceeds that of the 2008-09 global financial crisis, when GDP grew 0.8% in 2009. Much hinges on how fast massive stimulus measures kick in at home, and how major export…

Seoul's rate hike and stimulus strike a balancing act

Location:

SOUTH KOREA

The central bank governor has signalled further tightening ahead. The economy is on track this year to exceed the 2019 level. The government has drafted a record budget that will…

Politics may roil Seoul’s recovery and policy plans

Location:

SOUTH KOREA

The opposition-controlled National Assembly finally passed the 2024 budget on December 21, 19 days after the legal deadline. December also saw a rolling reshuffle which replaced…

Seoul’s quest for new growth engines may prove elusive

Location:

SOUTH KOREA

The New Growth Strategy 4.0 is the latest of several industrial strategies over the past decade and a half, as successive presidents have sought responses to gradually slowing GDP…

Rare admission reveals economic strain in North Korea

Location:

NORTH KOREA

An already stretched and spartan economy has been hammered this year by anti-pandemic curbs which have hit trade, and now by severe flooding. Another typhoon is expected in coming…

Prospects for East Asia to end-2020

Location:

PROSPECTS 2020 H2

In different ways, all will experience significant economic damage and political consequences, ranging from the standing of incumbent leaders to changes in the regional security…