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South Korea economy

How Will the Global Semiconductor Crunch Impact South Korea?
April 01, 2021

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
February 04, 2021

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
January 28, 2021

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
January 14, 2021

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
September 14, 2020

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
August 03, 2020

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’
August 01, 2020

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
June 13, 2020

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?
May 11, 2020

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
March 19, 2020

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
February 28, 2020

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.
South Korea’s Population May Have Already Peaked
February 14, 2020

South Korea’s Population May Have Already Peaked

By Troy Stangarone
Recent statistics suggest South Korea's population may be aging even more quickly than previous worst-case scenarios predicted.

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