McKinsey expects Korea to normalize in Q2 next year Posted : 2021-02-03 13:44 Updated : 2021-02-03 17:17 McKinsey & Company Managing Partner for Korea Andre Andonian speaks during a press conference at his company in Seoul, Monday. / Courtesy of McKinsey & Company Andonian concerned about lingering Seoul-Tokyo trade war By Park Jae-hyuk The Korean economy is unlikely to climb back to pre-pandemic levels until the second quarter of 2022, despite the government's ambitious plan to achieve a return to normal during the first half of this year, according to McKinsey & Company's managing partner for Korea. Andre Andonian, who became the new head of the global management consulting firm's Seoul office earlier this year, said in a recent press conference that there is little likelihood of a simple U-shaped recovery at this moment, so an economic recovery will take a bit longer.