South Korea endured one of the worst early outbreaks of Covid-19 outside China, and while it never imposed a compulsory lockdown, strict social distancing was widely observed from March until restrictions were loosened last month. – EPA pic, June 3, 2020.
THE South Korean government today proposed its biggest stimulus package yet as it seeks to prop up an economy dragged down by the coronavirus pandemic. Covid-19 has already thrust the world’s 12th-largest economy into a 1.3% quarter-on-quarter contraction in the January-March period, the biggest drop in gross domestic product since the 2008 global financial crisis.
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