Tag
South Korea economy

March 16, 2023
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?

December 08, 2022
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.

August 09, 2022
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.

July 20, 2022
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.

March 12, 2022
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.

February 08, 2022
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.

February 05, 2022
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.

October 01, 2021
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.

August 27, 2021
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.

June 24, 2021
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.

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.

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.
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