9min chapter

World Business Report cover image

South Korea: How are events affecting the economy?

World Business Report

CHAPTER

Political Unrest and Economic Challenges in South Korea

This chapter examines the impact of ongoing political uncertainties in South Korea on its economy, particularly following recent impeachments that have affected consumer and business confidence. It discusses the implications for small to medium enterprises amidst a significant depreciation of the Korean won and the challenges faced by exporters. The chapter also touches on the broader energy landscape in Europe and the significance of liquefied natural gas as a response to reduced Russian supplies.

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