consumer sentiment

Seohoi Stephanie Park
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T.G.I.F: Will Leaving Work Early on Friday Boost Consumption?

Starting this month, the South Korean government is hoping that a little more free time can boost lagging consumption and a dreary economy. A program will soon take effect that allows government workers to leave work at 4 p.m. on the last Friday of each month. The government

Se-Woong Koo
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Living Cheap in South Korea

Between all the designer handbags and luxury cars in the streets of Seoul, it’s easy to think that South Koreans love and are willing to pay for bling. But echoing what Japan has gone through after their economic bubble burst twenty years ago, South Korea wrestles with worsening