LIGNET: South Korean Economy Will Quickly Recover From North’s Damaging Rhetoric

Thursday, 11 Apr 2013 12:01 PM

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Image: LIGNET: South Korean Economy Will Quickly Recover From North’s Damaging Rhetoric
A woman walks by a screen showing the Korea Composite Stock Price Index (KOSPI) at the Korea Exchange in Seoul, South Korea on March 22, 2013. (AP Photo/Lee Jin-man)
The rhetoric from North Korea over the last few weeks has been focused on military aggression, but there has also been an economic dimension. The drumbeat of threats has hurt South Korean financial markets, with foreign investors unloading almost $330 million in stocks and bonds in one day on April 8. The effect, however, is likely only temporary, and South Korea can expect to see its economy recover all losses before the end of the year.

Click here to read the full report from top intelligence analysts at LIGNET.com.








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