Row about Government’s label for South Korean economy (5)
I believe the answer is:
tiger
'economy' is the definition.
(I have seen 'dynamic economy' mean 'tiger' so perhaps 'economy' could also mean 'tiger')
'row about government's' is the wordplay.
'row' becomes 'tier' (a tier is a row of things).
'about' is an insertion indicator.
'government' becomes 'g' (abbreviation for government).
'tier' enclosing 'g' is 'TIGER'.
'label for south korean' acts as a link.
I am not very happy about this link. Some or all of it may belong to another bit of the clue.
Can you help me to learn more?
(Other definitions for tiger that I've seen before include "One noted for stripes" , "Dangerous animal" , "See 13" , "Striped feline" , "Large striped cat" .)