Korea’s political crisis is approaching a key phase as the Constitutional Court prepares to rule on whether to officially impeach President Park Geun-hye. Park’s formal impeachment would increase the chances of an early fiscal stimulus and should provide a boost to growth prospects. However, the outlook remains challenging, and our growth forecasts for this year remain well below the consensus.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services