South Korea and a COVID-19 Financial Crisis: Part 1 – The Risks
As a country that has been particularly impacted by financial crises in the past two decades, South Korea continues to face significant risks.
As a country that has been particularly impacted by financial crises in the past two decades, South Korea continues to face significant risks.
There are already indications that Korea’s tourism industry will be hit harder by the coronavirus than by prior infectious diseases such as SARS and MERS.
Coronavirus is changing the labor-management relationship in major Korean retail companies as public policy focus turns to minimizing the economic fallout of the epidemic.
Economic uncertainties created by the coronavirus revealed that skilled workers in the manufacturing sector face more risks than other groups in the labor market.
Gender equality in South Korea is showing some improvements, nudged on by increasingly progressive laws on issues such as male parental leave and female labor participation.
South Korean government is trying to accommodate external and internal political constraints with its deployment of troops to the Strait of Hormuz.
10 issues related to North Korea, South Korea, and U.S.-Korea relations that will have an impact on the Korean peninsula in the year to come.
While recognizing the economic benefits of foreign workers, South Korea is still hesitant to take steps that would integrate immigrants into society.
The report from the party plenum also suggests that the regime’s frustration stems from the fact that sanctions are having material effect.
South Korea struggles to strike a balance between promoting an industry that has major growth potential and public health concerns outlined by the WHO.