Nomura's Kwon Sees S. Korea GDP Slowing in 2H

The video discusses South Korea's economic outlook, focusing on GDP growth driven by construction investment and the potential impact of government measures on the housing market. It highlights risks from North Korea and geopolitical tensions affecting tourism and consumer confidence. Changes in fiscal policy, such as wage increases and corporate tax adjustments, are examined, along with their implications for business investment. The video concludes with an analysis of sector-specific challenges, particularly in semiconductors and other industries facing weak demand and competitiveness issues.

What was a major contributor to South Korea's GDP growth in 2017?

• Private consumption and construction investment

• Agricultural exports

• Tourism

• Technology sector

How might the North Korea risk affect South Korea's economy?

• It will have no effect

• It will strengthen the financial sector

• It will boost tourism

• It will negatively impact the construction sector

What was one of the fiscal policy changes in South Korea?

• Increase in minimum wage by 16%

• Decrease in corporate tax

• Introduction of new trade tariffs

• Reduction in public spending

Which sector showed strong business investment in South Korea?

• Semiconductor

• Automobile

• Textile

• Agriculture

What is a potential consequence of the new government policies on businesses?

• Increased foreign investment

• Delayed investment plans

• Higher consumer confidence

• Rapid economic growth