, Columnist
There's No Better Time to Spend a Big Wad of Money
South Korea’s coronavirus budget comes atop a generous fiscal program, as other governments are just opening up their coffers.
Make it rain.
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Two decades after South Korea’s swift economic response helped avert a devastating recession, the country is taking decisive steps to battle another slowdown, this one with a human cost as well.
The coronavirus, which has claimed more than 30 lives in South Korea and infected close to 6,000 people, lands new punches on an economy that was just beginning to find its feet after being caught in the U.S.-China trade conflict and a separate spat with Japan. Korea has more Covid-19 cases than anywhere outside China.