StanChart’s Park Sees South Korea Growth at 2.4% in 2020

The video discusses the impact of global trade tensions on export-dependent countries like Korea. It covers Korea's current economic growth expectations, which align with market consensus, and a more positive outlook for 2020 due to government support and policy changes. The transcript also addresses South Korea's deflation and the potential for further rate cuts by the Bank of Korea to improve economic sentiment.

What is the expected growth rate for South Korea by the end of the year according to market consensus?

• 1.9%

• 1.5%

• 2.2%

• 2.5%

Which sector is expected to benefit from the end of the economic down cycle in South Korea?

• Agriculture

• Construction

• Retail

• Tourism

What is the projected growth rate for South Korea in 2020?

• 2.4%

• 1.9%

• 2.6%

• 2.0%

What economic condition did South Korea experience for the first time in September?

• Hyperinflation

• Stagflation

• Deflation

• Inflation

Why might the Bank of Korea consider further interest rate cuts?

• To boost economic growth

• To increase inflation

• To stabilize the currency

• To improve market sentiment