  Analysis What to expect from the South Korean economy under Yoon Suk-yeolInflation not particularly high in the country, but long-term trends point to serious risk of stagnation under Yoon  South Korea is closer to the center of the world’s industrial gravity than much of the rich world, insulating it from the more inflation and supply-side shocks that currently affect much of the world. However, long-term prospects for the country do not appear positive. A declining population and already high levels of household indebtedness mean that the country risks Japan-style stagnation. © Korea Risk Group. All rights reserved. Get the Daily Briefing Start your day with
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November 22, 2024
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