StanChart's Park on South Korea's Extra Budget Proposal

The video discusses the divergence between monetary and fiscal policies in South Korea, driven by efforts to control the real estate market and ease COVID-19 burdens. The extra budget's impact is limited due to its smaller size and potential crowding out effects. Despite challenges like rising commodity prices and supply chain disruptions, the South Korean economy remains resilient, with strong export and job markets. The Bank of Korea's aggressive stance may become more dovish, affecting capital flows and equities.

What challenges does the South Korean economy face regarding supply chain disruptions?

What factors are influencing the Bank of Korea's monetary policy decisions?