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Economics

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

Why is South Korea pilot-testing its Central Bank Digital Currency (CBDC), and what made it shift from non-issuance to consideration? This paper investigates the Bank of Korea (BOK)’s CBDC-related developments…

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Region: Asia

March 3, 2022

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…

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Region: Asia

February 4, 2022

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

In this episode we speak with Doug Goudie, Director of International Trade Policy at the National Association of Manufacturers (NAM). Mr. Goudie draws from his experiences to share his perspective…

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Region: Asia

November 2, 2010

In this episode we hear from Tami Overby, Vice President for Asia at the U.S. Chamber of Commerce and former President of the American Chamber of Commerce in Korea. Ms.…

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Region: Asia
Topic: Security

October 14, 2010

An exclusive interview with Dr. Alon Levkowitz, author of the most recent edition of the Korea Economic Institute’s Academic Paper Series. His paper, titled “The Republic of Korea and the…

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Region: Asia

August 13, 2010

Industrial policy is a set of government interventions that aim to promote the development of specific industries in a country. The goal is to improve the competitiveness of these industries in the global market, increase exports, and stimulate economic growth. However, the effectiveness of such policies has been a subject of debate among economists and…

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May 8, 2023

Semiconductors have become a focal point of increasing geopolitical competition between the United States and China. As a foundational technology to advanced military technologies and emerging technologies such as artificial intelligence, China has sought to become self-reliant for the production of semiconductors, while the United States has sought to block China’s advancements and return parts…

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April 11, 2023

The OECD’s March Interim Economic Outlook projects that Korea’s real GDP will increase by 1.6% in 2023, matching the Bank of Korea’s February forecast. The new projection is a slight downward revision from the OECD’s November 2022 outlook in the context of below-trend global economic growth. The impact of the war in Ukraine and high…

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Region: Asia

March 31, 2023

One of the most exciting corporate drama in recent memory has unfolded in South Korea’s business world, complete with a founder accused of siphoning money, activist shareholders making waves, intra-family drama, and industry titans battling for pole position. Best of all, it involves SM Entertainment (SME), the production company  widely credited with the creation of…

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Region: Asia

March 17, 2023