"South Korea Country Risk Report Q4 2015" now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Mon Sep 28 2015

The deepening rift between President Park Geun-hye and her Saenuri party looks set to impede key economic revitalisation bills, thus constraining real GDP growth. Despite this, the Saenuri party is better placed to win the April 2016 parliamentary election than the disorganised opposition.

South Korea's Q215 real GDP grew by 2.2% y-o-y, reflecting the economy's slowest growth rate in nine quarters. We maintain our forecast for 2015 real GDP growth to come in at 2.8% as we expect the domestic economy to pick up slightly over the coming quarters, following two external shocks to the domestic economy. However, external demand is likely to remain weak due to the slowdown in the Chinese economy as well as the weak Japanese yen.

Full Report Details at
- http://www.fastmr.com/prod/1052869_south_korea_country_risk.aspx?afid=301

South Korea has announced a supplementary budget aimed at mitigating the effects that external shocks have had on the economy, and this should support economic growth in H215. Furthermore, monetary policy will remain accommodative as the central bank seeks to support the government's efforts.

In line with our expectations, the Bank of Korea (BoK) held its base rate steady at 1.50% during its monetary policy meeting on August 13. We continue to forecast for the central bank to keep its base rate on hold throughout 2015 the BoK seeks to strike a balance between supporting a recovery in housing market and containing high levels of household debt.

The Korean won is facing downside pressure amid the ongoing weakness in the region's currencies and the slowdown in the Chinese economy. As such, we maintain our bearish bias on the currency against the US dollar in the near-term. Over the long term, the currency will be well-supported due to the strong current account surplus, which reflects relatively cheap valuations, as well as low inflation and stable real GDP growth.

The South Korea Country Risk Report helps businesses with market assessment, strategic planning and decision making to promote growth and profitability in South Korea. It is an essential tool for CEOs, Chairmen, Finance Directors/CFOs, Managing Directors, Marketing/Sales Directors with commercial interests in this emerging market.

An influential new analysis of South Korea's economic, political and financial prospects through end-2019, just published by award-winning forecasters, BMI  Research.

Key Uses

* Forecast the pace and stability of South Korea's economic and industry growth through end-2019.
* Identify and evaluate adverse political and economic trends, to facilitate risk mitigation.
* Assess the critical shortcomings of the operating environment that pose hidden barriers and costs to corporate profitability.
* Contextualise South Korea's country risks against regional peers using BMI's country comparative Risk Index system.
* Evaluate

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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