What is the resilience of the Korean economy (復 won 力)?

What is the resilience of the Korean economy (復 won 力)?

If the economy is severely disrupted by shock or crisis, the power to escape from chaos and rebalance, similar to how a ship that was shaken badly by waves, could be described as the resilience of the national economy

The economy does not always remain stable, and almost all countries in the world are not free from shock or crisis. However, restoring the previous growth trajectory back from shock or crisis varies considerably depending on the country or situation

In the U.S., there are a lot of people who think it's the best country in the world right now, but surprisingly, the U.S. has not completely overcome the 2008 financial crisis to recover from the long-term growth trends or trajectories before the financial crisis (1984-2008), and the shock of the 2020 COVID pandemic has yet to recover, when you look at U.S. income statistics

Of course, Powell of the Fed or Yellen, the Treasury secretary, has always said that the U.S. economy is resilient, but in reality, it is a lie, a personal judgment that it is nothing more than a brainstorm or political rhetoric

The problem is that Korea, which is not a key currency like the U.S. nor a country rich in oil and resources, is anxious about how much resilience it will be able to exert in the event of an economic crisis or shock

Since the Korean economy is now believed to have weakened its resilience due to aging, it is necessary to prepare as much as possible to avoid crises or shocks in advance