South Korea economy

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

South Korea’s economy is certainly vulnerable to Chinese economic coercion. But such pressures rarely induce countries to change their foreign policy outlook.

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

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.

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.

Seoul’s preference to cater to established firms over smaller start-ups – or the workers themselves – will have long-term consequences.

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

The latest Financially Stability Report provides a picture of South Korea’s overall financial health – and there’s some worrying news.

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

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