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Begin New Search Political Geography South Korea Publication Year within 5 Years

11. China's Trade Strategies and Korea-China Cooperation Plans

Author:
Seung Shin Lee, Sang Baek Hyun, Su Yeob Na, and Young Sun Kim
Publication Date:
01-2024
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
As uncertainties in the global trade environment expand, China's trade strategy is changing, and these changes are expected to have a significant impact on our trade environment with China. This paper analyzed China's policies on new trade issues such as supply chain reorganization, digital trade, climate change response and proposed policy implications.
Topic:
Climate Change, International Cooperation, Bilateral Relations, Trade, and Digital Policy
Political Geography:
China, Asia, and South Korea

12. Korea-India Economic Cooperation in the Indo-Pacific Era

Author:
Jeong Gon Kim, Kyunghoon Kim, Jonghun Pek, Yoo Jin Nam, and Wondeuk Cho
Publication Date:
02-2024
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
With the geopolitical and geoeconomic importance of the Indo-Pacific region in the spotlight, India's strategic value has come to the fore. The Korean government has included cooperation with India as a key task under its Indo-Pacific Strategy. This article aims to contribute to the establishment of economic cooperation with India from a medium- to long-term strategic perspective. Accordingly, this article analyzes the strategic changes of major countries towards India and India's response strategies, and the emerging agendas of economic cooperation between India and major countries. Lastly, this article proposes policy directions and key agendas for Korea-India economic cooperation.
Topic:
Economics, Bilateral Relations, Geopolitics, and Economic Cooperation
Political Geography:
India, Asia, South Korea, and Indo-Pacific

13. Assessing ASEAN Economic Integration Progress and South Korea’s Approach Focusing on TBT and SPS

Author:
Sungil Kwak
Publication Date:
02-2024
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
TBT (Technical Barriers to Trade) and SPS (Sanitary and Phytosanitary Measures) have two attributes. They act as barriers to trade expansion by protecting producers, but their importance has grown in terms of consumer protection measures after the COVID-19 pandemic. Rather than eliminating related regulations, achieving harmonization within the ASEAN region can simultaneously serve two objectives: expanding trade between South Korea and ASEAN and improving consumer protection. We assess the level of regional economic integration by measuring regulatory distances among ASEAN member states. We also measure regulatory distances between South Korea and ASEAN, and between Japan and ASEAN. We estimate the impact of ASEAN's TBT and SPS on the export performance of countries exporting goods to the ASEAN region.
Topic:
Regulation, Exports, Trade, ASEAN, COVID-19, and Economic Integration
Political Geography:
Asia and South Korea

14. Japan’s Supply Chain Policy and its Implications for South Korea

Author:
Gyu-Pan Kim
Publication Date:
02-2024
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
This WEB paper analyzed Japan's supply chain policy in line with the implementation of Japan's Economic Security Promotion Act in May 2022, and presented policy implications such as supply chain cooperation between Korea and Japan. First, this paper analyzed the US-led reorganization of the global supply chain and the Japanese government's response to it. In particular, the Japanese government's economic security policy was evaluated from the perspective of how Japan approaches the US-led the global supply chain reorganization. Second, the Japanese government's supply chain policy was analyzed, focusing on the supply chain policy for some critical materials under the Economic Security Promotion Act. Finally, this paper proposed ways for Korea and Japan to cooperate in reshaping the global supply chain led by the United States.
Topic:
Security, Economics, and Supply Chains
Political Geography:
Japan, Asia, South Korea, and United States of America

15. Korea’s Global Value Chain Strategies amid Rising Trade Disputes

Author:
Won Seok Choi
Publication Date:
03-2024
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
This article explores the challenges and transformations in global economic governance, particularly in the context of China's rise, widening trade disputes, and the retreat of globalization. It discusses the reorganization of global supply chains and their implications for Korea, focusing on the policies of key countries like the United States, the European Union (EU), and China towards stabilizing and reorganizing supply chains, with an emphasis on transitioning to a green industrial structure and improving domestic industrial competitiveness, particularly in the semiconductor and secondary battery industries. Accordingly, this article analyzes Korea's dependency on imports for semiconductors and secondary batteries, noting significant increases in imports and the diversification of import sources. The analysis reveals Korea's high import dependence on specific countries for critical goods and materials, emphasizing the importance of supply chain cooperation with countries that have global export competitiveness.
Topic:
Economics, Globalization, Governance, Trade, Industry, and Value Chains
Political Geography:
Asia and South Korea

16. EU's “Open Strategic Autonomy” and its Implications for Korea

Author:
Youngook Jang
Publication Date:
03-2024
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
This brief explores the shifting global trade landscape characterized by weakening globalization and rising protectionism, exacerbated by events such as the US-China trade disputes, COVID-19 pandemic, and Russia's invasion of Ukraine. It discusses how these factors have prompted a trend towards 'Open Strategic Autonomy' (OSA) in the European Union (EU), as evidenced by newly suggested industrial and trade policies. The EU's experiences during the pandemic and energy dependence on Russia have emphasized the need for resilient supply chains. The analysis draws from Jang et al. (2023) to examine how the EU's OSA has evolved in response to these changes, offering insights for policy implications for Korea.
Topic:
European Union, Trade, Supply Chains, Strategic Autonomy, and Russia-Ukraine War
Political Geography:
China, Asia, South Korea, and United States of America

17. Analyzing South Korea’s Semiconductor Industry: Trade Dynamics and Global Position

Author:
Hyung-gon Jeong
Publication Date:
03-2024
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
U.S. sanctions on China's semiconductor industry are causing major shifts in the global supply chain, affecting South Korea's industry due to its reliance on Chinese manufacturing. The Biden administration's increased sanctions, combined with global trends towards semiconductor self-sufficiency, are putting South Korea's semiconductor position at risk. Countries such as the U.S., China, and Japan are building up their domestic semiconductor industries, potentially affecting South Korea's position in the global market. Deeply integrated with China, Korean companies, face the challenge of reducing this dependence and adapting to the evolving supply chain landscape. This paper examines the import and export trends of the South Korean semiconductor industry over the last five years to assess its global standing, identify challenges, and suggest strategic directions. Using data from the Korea Customs Service from 2019 to 2023, the study analyzes trade patterns and supply chain configurations within South Korea's semiconductor industry. The industry is divided into six main categories and 33 subcategories, based on the analysis of 381 semiconductor-related items categorized under the Harmonized System at the 10-digit level. This detailed classification allows for an in-depth examination of trade trends, supply chain structures, and associated risks within the South Korean semiconductor industry. Moreover, this research uses the classification method described and UN Comtrade statistics to create a dataset on global semiconductor trade. This dataset is used to analyze the international presence of the South Korean semiconductor industry and its market shares in China across different segments.
Topic:
Trade, Supply Chains, and Semiconductors
Political Geography:
China, Asia, and South Korea

18. Ensuring Energy Security and Carbon Neutrality: Implications for Korea

Author:
Jinyoung Moon, Seung Kwon Na, Sunghee Lee, and Eunmi Kim
Publication Date:
03-2024
Content Type:
Working Paper
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
The international community faces two major challenges: securing stable energy supplies and achieving carbon neutrality. Concerns about energy security that aroused due to the oil crises in the 1970s are no longer limited to the stable supply of fossil fuels. The concept of energy security is changing in line with the need for transition from fossil fuels to clean energy. As energy prices have soared due to the recent Russia-Ukraine war, major countries are actively pursuing related policies and external cooperation to diversify their energy supply chain and decarbonize their economic structures. In order to appropriately respond to these challenges, continuous efforts are needed to gradually reduce the use of fossil fuels and in crease the use of clean energy in the medium to long-term. In particular, as the proportion of power generation from variable renewable energy sources increases, maintaining the stability of the power grid becomes a more important task. Demand for minerals essential for clean energy related technologies is expected to increase, however, production of these minerals is concentrated in specific countries. Major concerns related to carbon neutrality or clean energy investment include whether sufficient investment is being made, whether funds are being directed to countries or sectors in urgent need of financial support, and how to induce private investment through public funds. Accordingly, our study analyzed energy security from the perspective of energy transition, and derived key issues and notable cases of international cooperation to ensure energy security and carbon neutrality. Based on our findings, we suggested policy implications for Korea.
Topic:
Climate Change, Fossil Fuels, Carbon Emissions, Russia-Ukraine War, and Energy Security
Political Geography:
Asia and South Korea

19. Multidimensional Impact of COVID-19 on Education and Implications on Inclusive Recovery

Author:
Gee Young Oh
Publication Date:
04-2024
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
This report aims to present the findings of Oh et al. (2023), which analyzes the post-pandemic inequality levels in developing countries and derives policy implications for Korea's international development cooperation (IDC) to help reduce inequality, especially in the education sector. The impact of COVID-19 on education is multidimensional, with varying levels of heterogeneity across countries, regions, households, and individual stakeholders, including students, parents, and teachers. To comprehensively understand this multidimensionality, the study compares situations in two countries to explore inter- and intra-country educational disparities. After identifying such multidimensionality, the study derives policy implications on how Korea’s IDC can better target post-pandemic inequality in education.
Topic:
Development, Education, International Cooperation, Inequality, and COVID-19
Political Geography:
Asia and South Korea

20. Korea: A New History of South and North – A Book Talk by Victor Cha and Ramon Pacheco Pardo

Author:
Victor D. Cha, Ramon Pacheco Pardo, and Jonathan Corrado
Publication Date:
04-2024
Content Type:
Video
Institution:
Weatherhead East Asian Institute, Columbia University
Abstract:
Victor Cha and Ramon Pacheco Pardo will talk about their new book, Korea: A New History of South and North, which charts the balance of power politics that ravaged Korea in the late 19th-early 20th centuries, the division of the two Koreas and their divergent paths thereafter. The book also includes original data on unification and how the great powers view a future single Korea.
Topic:
History, Power Politics, Conflict, Unification, and Book Talk
Political Geography:
Asia, South Korea, and North Korea