The markets have closed here this afternoon, and that means it's time for an in-depth look at the past week in terms of the global economy.
And for that I'm joined in the studio by Dr. Kim Seiwan, professor of economics at Ewha Womans University.
Thanks for coming on, Dr. Kim.
The U.S. and Japan held a second round of trade talks on Thursday in Washington. It was expected that the focus would be on agricultural goods and cars. What do we know so far, and what can we expect?
China's One Belt, One Road forum is happening now in Beijing. It's attended by representatives of 37 countries, including South Korea, which sent its Minister of Economy and Finance. What should we be watching at the Forum and what might they achieve?
Now, this week the Moon Jae-in administration submitted an extra budget proposal to the National Assembly. It's worth around 6.7 trillion won, or a little under 6 billion dollars. The government has said that if they spend the whole thing it'll raise GDP growth by another tenth of a percent. But a significant number of people are against this. What do you think?
Ok, Dr. Kim. That's where we'll have to leave it today.
Thanks so much for your insights today.