Analysis and publications on economic policy, trade relations, business, financial issues, and commercial developments affecting U.S.-Korea relations.
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Korean Economic Growth is Projected to Decelerate
The OECD projects that Korea’s GDP growth will slow from 2.7% in 2022 to just under 2% in 2023 and 2024.
Pension Reform is a Top Priority for Korea
To ensure adequate retirement income Korea needs to undertake pension reform, expand company pensions, and encourage private savings.
Esports Rises as a Viable Career Field for Young South Koreans
As young Koreans navigate an increasingly competitive education system and job market, esports present a new opportunity.
Korea’s Falling Birthrate Raises Concern
Korea's low birthrate, combined with rising life expectancy, will sharply increase Korea’s dependency ratio and likely pose serious socio-economic issues.
CHIPS Act: Outlook and Implications for South Korea
The CHIPS Act and the future of U.S.-ROK technological cooperation pose challenges and opportunities for South Korea and its semiconductor industry.
The Impacts of Economic Sanctions and COVID-19 on the North Korean Economy: 2017-2020
Renewed South Korea-Mexico Ties
South Korea’s focus on fostering economic ties with Mexico reveals its hope of using the renewed relationship to address supply chain issues.
Korea Leads the Global Antitrust Challenge Against Digital Goliaths
Building on a worldwide surge in discontentment, Korean firms make the first antitrust challenge against Google’s monopolistic behavior in the app market.
Ethics of South Korea’s Overseas Development Assistance
South Korea provides police training to Southeast Asia, but regional trends raise wider questions about its moral implications.
Small Enterprises Lead Tech Innovations
Patenting activity by SMEs revealed tech-led growth through a crisis, but the country remains disproportionately reliant on manufacturing.
Depreciating Currency Adds to Burden of Rising Oil Prices
For South Korea, geopolitical conflict and changes in U.S. monetary policy significantly impact the country’s ability to purchase oil.
The Outlook for the Korean Economy: Will Stagflation Curb Growth?
With inflation expected to rise, many forecasters warn that the global economy may be entering a period of stagflation. Will this curb Korea's growth?
President Yoon’s Economic Policies
President Yoon Suk Yeol campaigned on economic policies changes that could bring significant economic benefits to South Korea.