· Chang Yong Rhee Wiki · Bank of Korea WikiThe challenges of Korean economy after COVID-19 - growth and stability
Read full speech on bis.org ↗ContextOpening address by Chang Yong Rhee, Governor of the Bank of Korea, at the Bank of Korea - Korean Economic Association International Conference 2022, Seoul, 11 November 2022.
Why it mattersRhee discusses how fragmentation weakens Korea's trade-led growth.
Problems raised
- Korea faces post-COVID challenges.
- Fragmentation weakens trade and growth.
- Balancing growth and stability is hard.
Solutions proposed
- Promote global collaboration.
- Encourage cooperative competition.
- Pursue growth with stability.