IMF's Kaufman on Korea's Economic Outlook

The transcript discusses the impact of global economic threats, particularly the slowdown in China, on Korea's economy. It highlights Korea's resilience and dynamic exports. The discussion moves to Korea's monetary policy, inflation concerns, and the potential for further rate hikes. The impact of the new government on economic policies, including targeted support and stimulus, is examined. The lifting of COVID-19 measures is expected to boost consumption and economic growth. Finally, the need for structural reforms to address Korea's aging society and enhance growth is emphasized.

What structural reforms are necessary for Korea's economic growth?

How does the new government's approach to economic policy differ from previous administrations?

What role does consumer spending play in Korea's economic recovery?