The Dueling Economic Policies in the 2024 Election
In the 2024 national elections, voters in the United States will weigh drastically different visions for economic policy.
China’s Real Estate Ripple Effect and Korea’s Brace for Impact
Analysts note that a spillover effect in the event of a crisis is limited. So far, the effects of the Evergrande crisis on Korea remain mostly psychological and would be contained to fluctuations in confidence on the KOSPI index.
Renewed South Korea-Mexico Ties
South Korea’s focus on fostering economic ties with Mexico reveals its hope of using the renewed relationship to address supply chain issues.
Korea Leads the Global Antitrust Challenge Against Digital Goliaths
Building on a worldwide surge in discontentment, Korean firms make the first antitrust challenge against Google’s monopolistic behavior in the app market.
South Korea’s Economic Rationale for Nuclear Energy
South Korea’s plan to invest in nuclear power, rather than renewable energy, reflects the current administration’s sensitivities to economic pressures.
Small Enterprises Lead Tech Innovations
Patenting activity by SMEs revealed tech-led growth through a crisis, but the country remains disproportionately reliant on manufacturing.
Depreciating Currency Adds to Burden of Rising Oil Prices
For South Korea, geopolitical conflict and changes in U.S. monetary policy significantly impact the country’s ability to purchase oil.
Bipartisan Consensus on Economic Priorities
President Yoon Suk Yeol’s national vision echoes the priorities of previous administrations, particularly around the need to boost small businesses.
Korean Battery Producers Build New Renewable Supply Chains
Businesses are investing in nations rich in cobalt, nickel, and lithium, minerals essential to the global renewable energy transition.
Can the Government and SMEs Reconcile?
Although small and medium enterprises (SMEs) welcomed the government’s decision to lift COVID-related restrictions, it comes after years of strained ties.