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The Peninsula

The Peninsula blog is a project of the Korea Economic Institute. It is designed to provide a wide ranging forum for discussion of the foreign policy, economic, and social issues that impact the Korean peninsula.

Displaying posts with the theme economics

Korea’s Economic Outlook: Is More Fiscal Support Needed?

Randall S. Jones
March 3, 2021
Korea’s economy shrank by 1% in 2020, the first contraction since the 1997 Asian financial crisis (Table 1). It was the smallest decline among the 38 OECD member countries, reflecting…

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Young Retail Investors Help Corporate Giants

Korea View
March 1, 2021
The rising cost of living and other external factors may be pushing people to purchase stocks of flagship corporations in a bid to grow their wealth.

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Why South Korea Matters for Post-Coup Myanmar

Sea Young (Sarah) Kim
February 22, 2021
2020 marked the 45th anniversary of diplomatic relations between the Republic of Korea (ROK or South Korea) and Myanmar (Burma). In less than half a century, bilateral ties went from…

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Spotify’s Entry Indicates How Seoul Shapes Competition

Korea View
February 12, 2021
Unlike other platforms like Uber, Spotify does not threaten any domestic stakeholders and offers more advantages to Korean firms.

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Korea Aims to Reach Carbon Neutrality by 2050

Randall S. Jones
February 2, 2021
President Moon Jae-in pledged in October 2020 that Korea will reach carbon neutrality by 2050, joining a number of European countries and Japan. With China aiming to be carbon neutral…

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The Government Faces Pressure to Prosecute and Save Corporations

Korea View
February 1, 2021
The Korean government is in the awkward position of attempting to prop up the economy through flagship corporations while holding them accountable.

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The Government Changes Tune on Housing Policy

Korea View
January 29, 2021
The Moon Jae-in administration responds to the failure of existing policy to address public demand for more affordable housing.

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North Korea’s COVID-19 Vaccine Cold Chain Challenge

Troy Stangarone
January 27, 2021
For North Korea to return to some semblance of its pre-COVID existence it will need to vaccinate its population, but acquiring the necessary vaccines will not be the only challenge…

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