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The Economic Costs of Delaying the Impeachment of South Korean President Yoon

On December 3, South Korean President Yoon Suk-yeol declared martial law, creating instability in domestic and international markets. Two days later, Vice Prime Minister Choe Sang-mok sought to reassure investors, stating that the economic impact of the political turmoil was minimal and that concerns about a recession were overstated. The evaluation by South Korea’s top […]