South Korea's Economic Landscape: Challenges and Opportunities

This chapter analyzes South Korea's recent economic developments, highlighting a decline in vehicle exports to the U.S. while semiconductor sales surge. It examines the implications of U.S. tariffs, domestic instability, and the depreciation of the Korean won amidst global economic pressures. The discussion also covers household debt dynamics, trade relations with China and the U.S., and the Bank of Korea's decision to adjust interest rates, providing a comprehensive view of the prevailing economic climate.