Despite the MERS outbreak's negative effect on the Korean economy, recent analysis has found that Korea is a country best equipped to weather economic crises.<br />According to the POSCO Research Institute, which analyzed the vulnerability of 30 emerging economies, Korea is not subject to any of the six factors that signal weakness.<br />The factors include external debt to GDP ratio, inflation rate and economic growth rate.<br />Most emerging economies on the list, including Indonesia, India, Russia and Poland had at least one weakness.<br />Analysts say most Asian nations, including Korea,... are fairly strong when it comes to their foreign exchange positions and economic fundamentals.<br />And according to the latest edition of Britain-based The Economist, Korea was ranked second …after Norway… as having the most "wiggle-room" to economic shocks.
