How big are the economic risks from the crisis in North Korea? - Capital Economics
Emerging Asia Economics

How big are the economic risks from the crisis in North Korea?

Emerging Asia Economics Update
Written by Capital Economics Economist

There remains huge uncertainty as to how the growing crisis in North Korea will play out. Although war is likely to remain a last resort, the risk of some kind of military action is clearly growing. Even a limited conflict would cause immense damage to South Korea’s economy. The implications for the global economy could also be significant.

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