Korea’s Participation in RCEP is Likely to be Beneficial
On November 15th, fifteen countries signed the Regional Comprehensive Economic Partnership (RCEP), the world’s largest free trade agreement. It includes the ten ASEAN countries and some…
What Will RCEP Mean for South Korea?
On Sunday November 15 the countries party to the Regional Comprehensive Economic Partnership (RCEP) announced that trade negotiations had successfully concluded after several years of…
North Korea’s Trade with China Continues to Collapse from COVID-19
North Korea’s decision to enact strict border controls at the onset of the COVID-19 outbreak in China continues to have a significant effect on trade.
Local Governments Further Expand Their Policy Scope
In response to fee increases by private food delivery apps, local governments are becoming direct participants in the service industry.
Disrupting Supply Chains: Evidence on the Japan-Korea Conflict
The economic success of the Asia-Pacific has rested in no small measure on its finely-tuned supply chains.
The Growing Role of Local Governments in South Korea
The coronavirus outbreak has afforded provincial governments an opportunity to further expand their fiscal toolkits and shape the local economy.
Korean Agriculture’s Dependence on Migrant Workers
Travel restrictions that were imposed to contain the ongoing pandemic revealed how reliant South Korea’s agriculture industry is on foreign labor.
South Korea and a COVID-19 Financial Crisis: Part 1 – The Risks
As a country that has been particularly impacted by financial crises in the past two decades, South Korea continues to face significant risks.
Korean Tourism Industry Hit Harder by Coronavirus than SARS or MERS
There are already indications that Korea’s tourism industry will be hit harder by the coronavirus than by prior infectious diseases such as SARS and MERS.
Coronavirus Weakens Labor Unions
Coronavirus is changing the labor-management relationship in major Korean retail companies as public policy focus turns to minimizing the economic fallout of the epidemic.