S.Korea's economic downfall alarming for the world

In an October World Economic Outlook report, the IMF cut South Korea's economic growth profile this year to 2% from the previous 2.4%. The OECD has cut the projected GDP growth of the nation to 2.1% in 2019. All investment banks followed suit, lowering their outlook for the economy of South Korea.

The central bank of South Korea has reduced its economic prospects three times in a row, mimicking these international negative views.....