Tag

South Korea economy

The Economic Costs of Delaying the Impeachment of South Korean President Yoon

The Economic Costs of Delaying the Impeachment of South Korean President Yoon

By Yuntaek Pae and Seung-Whan Choi
Already, concerned investors are withdrawing from South Korea’s stock markets. Prolonged instability will exacerbate the economic damage.
Pakistan’s Economy: Lessons From South Korea

Pakistan’s Economy: Lessons From South Korea

By Waqas Shair and Khurram Shahzad
Pakistan could look to South Korea as a blueprint for economic development by emphasizing efforts to nurture the private sector.

Samsung Reports a 10-fold Increase in Profit as AI Drives Rebound in Memory Chip Markets

Samsung Reports a 10-fold Increase in Profit as AI Drives Rebound in Memory Chip Markets

By Associated Press
Samsung projected the memory chip market to remain strong in the coming months, driven by the expansion of generative AI technologies.

Rich South Korea, Unhappy Koreans

Rich South Korea, Unhappy Koreans

By Hyung-A Kim
South Korea has a glowing global reputation. So why do so many Koreans think “isaengmang” – this life is ruined?

South Korea’s Government Accused of Violating Labor Rights Amid Truckers’ Strike

South Korea’s Government Accused of Violating Labor Rights Amid Truckers’ Strike

By Chelsie Alexandre
The disruption caused by the truckers’ strike has led to an aggressive response from the Yoon administration, with no signs of successful negotiation. 
South Korea’s Demographic Trends Continue to Decline

South Korea’s Demographic Trends Continue to Decline

By Troy Stangarone
South Korea’s population decline is following the U.N.’s most negative projections, with major implications for the country’s economic future.

The Limits of China’s Economic Leverage Over South Korea

The Limits of China’s Economic Leverage Over South Korea

By Andy Hong
South Korea’s economy is certainly vulnerable to Chinese economic coercion. But such pressures rarely induce countries to change their foreign policy outlook.
South Korea’s Self-Employment Crisis

South Korea’s Self-Employment Crisis

By Eunwoo Lee
Amid online shopping bonanzas and anti-COVID measures, one-person business owners and self-employed subcontractors have suffered.

South Korea-US Economic Ties Are Changing

South Korea-US Economic Ties Are Changing

By Tom Byrne
Amid supply chain worries and high-tech competition, there has been a distinct shift in the tenor of the business relationship between Seoul and Washington.

Small Firms Will Determine South Korea’s Economic Future

Small Firms Will Determine South Korea’s Economic Future

By Yong Kwon
The chaebol spearheaded the country’s rapid industrialization, but it’s SMEs that will keep South Korea’s economy driving forward in the digital era.

South Korea: Picking Winners and Losers in the Information Age

South Korea: Picking Winners and Losers in the Information Age

By Yong Kwon
Seoul’s preference to cater to established firms over smaller start-ups – or the workers themselves – will have long-term consequences.
The Real Cause of Seoul’s Real Estate Bubble: Economic Anxiety

The Real Cause of Seoul’s Real Estate Bubble: Economic Anxiety

By Yong Kwon
Soaring real estate prices are deeply connected to structural issues with the South Korean economy.

Bank of Korea Highlights Risks to COVID-19 Economic Recovery

Bank of Korea Highlights Risks to COVID-19 Economic Recovery

By Kyle Ferrier
The latest Financially Stability Report provides a picture of South Korea’s overall financial health – and there’s some worrying news.
How Will the Global Semiconductor Crunch Impact South Korea?

How Will the Global Semiconductor Crunch Impact South Korea?

By Kyle Ferrier
Most South Korean conglomerates have weathered the shortage much better than their global competitors. That could change as early as this month.

The Impact of COVID-19 on South Korean Trade in 2020

The Impact of COVID-19 on South Korean Trade in 2020

By Troy Stangarone
South Korea took minimal economic damage overall, but sector-specific impacts varied widely.

South Korea’s Vision for a More Inclusive Pandemic Recovery

South Korea’s Vision for a More Inclusive Pandemic Recovery

By Kyle Ferrier
South Korea was already struggling with economic inequality. The pandemic has made things worse.

South Korea’s Moon Lays Out Agenda for the Remainder of His Term

South Korea’s Moon Lays Out Agenda for the Remainder of His Term

By Troy Stangarone
President Moon Jae-in’s New Year’s Address reveals the focus for his last full year in office. Unsurprisingly, COVID-19 recovery tops the list.
South Korea’s Struggle to Bring Manufacturing Home

South Korea’s Struggle to Bring Manufacturing Home

By Troy Stangarone
Like other countries around the world, Seoul is trying to reshore production – with limited success.

COVID-19 Pushes South Korea Into Recession

COVID-19 Pushes South Korea Into Recession

By Troy Stangarone
Despite its capable handling of the pandemic overall, South Korea has not been able to escape the global economic fallout.
South Korea’s ‘New Deal’

South Korea’s ‘New Deal’

By Dongwoo Kim
Seoul is already looking ahead to the post-COVID world.

South Korea Mulls Universal Basic Income Post-COVID

South Korea Mulls Universal Basic Income Post-COVID

By Dongwoo Kim
While the basic income movement is not new in South Korea, the pandemic has added considerable momentum to it.

Can South Korea Boost Its Economy by Turning to Gaming?

Can South Korea Boost Its Economy by Turning to Gaming?

By Tae-jun Kang
South Korea is hoping to cash in on the coronavirus-driven boom in mobile gaming. But critics say it needs to address problems in the industry first.

South Korea Braces for Global Recession

South Korea Braces for Global Recession

By Troy Stangarone
Seoul is preparing a stronger fiscal stimulus to deal with the economic shocks caused by the coronavirus outbreak.
Coronavirus Now Poised for Outsized Impact in South Korea

Coronavirus Now Poised for Outsized Impact in South Korea

By Kyle Ferrier
South Korea now has the most cases outside of China, and the government is ramping up efforts to respond.

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