Total Index: 5684 publications.
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In recent years, South Korea has been addressing climate change, including through investments in hydrogen, the Green New Deal, and international pledges to cut emissions by 40 percent from 2018 by 2030. Former President Moon Jae-in announced in 2020 that South Korea would commit to becoming carbon neutral by 2050.…
In recent years, North Korea has faced economic shocks from UN sanctions and the pandemic. As Dr. Jongkyu Lee (Senior Fellow at the Korea Development Institute) writes in his new article for Korea’s Economy, the impact on non-sanctioned items from border closures to prevent the entry of COVID-19 has proven…
In this new article of KEI’s Korea’s Economy, Dr. Bark Taeho (President of the Global Commerce Institute of Lee & Ko and Former Minister for Trade) notes that Korea has faced several challenges in the past few years. These include China’s response to the deployment of the U.S. anti-missile defense system…
Digitalization could open a new era of growth for Korea. Previous expansion waves, based on traditional industries, have fostered export-led growth and placed Korea among the world’s top ten economies. However, divides between industry and services, large and small firms, and regular and non-regular workers have widened. The economy was…
After an initial surge in cases, Korea was less seriously affected by the COVID-19 virus than other countries, but the subsequent recovery was relatively mild. The negative effect was concentrated among low-income earners such as temporary, low-skilled, and small company workers, worsening income distribution. Expansionary monetary and fiscal policies contributed…
This paper argues that the impact of Hallyu (the Korean Wave) on the Korean economy has only been effective in boosting related sectors, such as cosmetics, fashion, and tourism. Interestingly, the Korean government has tried to take credit for the emergence of the Korean Wave and has exaggerated its economic…