This thesis explores COVID-19 induced economic uncertainty within South Korea, the consequences hereof for South Korea’s economic outlook, other modifiers that may be of relevance, and how consumer...Show moreThis thesis explores COVID-19 induced economic uncertainty within South Korea, the consequences hereof for South Korea’s economic outlook, other modifiers that may be of relevance, and how consumer uncertainty compares to established uncertainty indexes. It finds that economic uncertainty is present within the South Korean populace, that its effect on consumption may not be as clear cut as other literature suggests, that it impacts labour mobility and long-term economic outcomes and how risk aversion and acquaintances play a role in this. It furthermore finds that consumer uncertainty and uncertainty indexes do not always correlate, that vaccination sentiment may affect the economic outlook, how retail investors support capital markets and that consumer opinion may counterbalance trade-sector uncertainty.Show less
