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 are the implications of South Korea entering deflation for the economy?

What is the speaker's perspective on the effectiveness of rate cuts on economic growth?