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South Korea economy

South Korea’s Self-Employment Crisis
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.

South Korea-US Economic Ties Are Changing
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.
Small Firms Will Determine South Korea’s Economic Future
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.

South Korea: Picking Winners and Losers in the Information Age
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.

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

Bank of Korea Highlights Risks to COVID-19 Economic Recovery
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.

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.

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