World Ch. Schedule : WED 20:00 KST
* Date : 2020-11-04
The South Korean economy, which has contracted for back-to-back quarters due to COVID-19, has made a surprising rebound in the third quarter. The Bank of Korea announced the nation’s third-quarter GDP jumped 1.9% compared to the previous quarter, logging the biggest growth in ten years. Studies show strong exports have driven the economy to the positive growth territory. Previously, experts predicted South Korea would be the nation with the fastest-recovering economy from COVID-19. We bring in experts to discuss what has given growth momentum to the Korean economy and its future projection.