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Economics

Displaying all content tagged with the theme Economics.
778 Posts located

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.…

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Region: Asia

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…

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Region: Asia

December 17, 2021

The rivalry between the United States and China is affecting countries in its midst. This particularly applies to South Korea. The country is a strong economic player with a successful…

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Region: Asia

November 4, 2021

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,…

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Region: Asia

October 20, 2021

30 years after the fall of the Berlin Wall, people’s aspiration to establish a pluralistic liberal democracy appears to be under scrutiny around the world – anti-immigration policies dominate political…

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Region: Asia

November 8, 2019

Strategically located at the crossroads of Central Asia, China, and Russia, Mongolia has long attracted the attention of regional powers – including the Koreas. How is this traditionally-nomadic, but resource-rich,…

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Region: Asia
Topic: Energy

November 5, 2019

Though hesitant to officially join the U.S. Indo-Pacific Strategy, South Korea is seeking to promote many of the same values through the Moon administration’s “New Southern Policy.” Central to this…

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Region: Asia

October 25, 2019

This month, the world was reminded once again that the relationship between the Republic of Korea and Japan is deeply fractious. Japan has imposed restrictions on the export of chemical…

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Region: Asia

July 12, 2019

What Happened: In January 2022, Indonesia announced a ban on coal exports. Indonesian coal accounts for 20% of Seoul’s total coal imports. In response, the South Korean government urged the Indonesian government to remove the ban on coal exports. Despite these actions, the South Korean government officially stated that Indonesia’s ban on coal exports would…

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Region: Asia

January 17, 2022

“[Kim Jong-un] stressed the need for the fishing industrial sector to conduct a work for catching more fish…” --From the report on the 4th Plenary Meeting of the 8th Central Committee of the WPK This year, the summary of the recently-convened Party Plenum stood in for Kim Jong-un’s new year’s address. The report sought to…

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Region: Asia

January 10, 2022

Korea is expected to apply later this year for membership in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a trade agreement between eleven states in the Indo-Pacific. One signatory of the agreement is Japan, raising fears that bilateral tensions may encourage Tokyo to oppose Seoul's bid. But noting their shared membership in another…

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Region: Asia

January 5, 2022

During the COVID-19 pandemic, South Korea’s entertainment industry pioneered a new era of virtual concerts. K-pop bands live-streamed their performances, often adding features like augmented reality to provide audiences at home with new experiences. This also complemented the broader push in the industry to become more technologically savvy, including the adoption of virtual avatar idols and strategic partnerships with…

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Region: Asia

January 3, 2022