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Economics

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

The United Nations (UN) sanctions against North Korea are weakened by structural evasion techniques and weak enforcement. The African continent is a crucial node in the global illicit networks of…

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Region: Africa

June 15, 2022

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

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

On May 2, South Korea and Norway kicked off the annual defense industry cooperation talk in Seoul with a focus on Oslo’s prospective acquisition of Korean tanks. Both players hope to also deepen bilateral and regional cooperation through joint defense research. This is representative of Korea’s broader effort to play a bigger role in the…

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May 9, 2022

South Korea’s strong economy is a significant pull factor for foreign workers, but despite a declining workforce and a need for foreign workers, Seoul implements some of the strictest immigration controls among the OECD countries. Prior to immigration reform initiated in 2004, South Korea maintained exclusionary practices towards long-term immigration for foreign workers through “side-door”…

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Region: Asia

May 6, 2022

Korean firms dominate 30% of the global electric vehicle battery market. But with the procurement of key raw material inputs for these batteries threatened by geo-strategic rivalries, the government and manufacturers are pushing to diversify both sourcing and processing of minerals like cobalt, nickel, and lithium. In February, the Australian government signed a “Memorandum of…

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May 2, 2022

Following a new report on record-low new cases on April 18, the government lifted most coronavirus-related restrictions such as social distancing and curfews that limited business hours. Small business owners welcomed the government’s decision, hoping to recover from the losses incurred in the past two years. While the South Korean government’s restrictive public health measures…

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April 24, 2022