본문으로 바로가기

Analyzing South Korea’s Semiconductor Industry: Trade Dynamics and Global Position
World Economy Brief Analyzing South Korea’s Semiconductor Industry: Trade Dynamics and Global Position

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.

Hyung-gon JEONG
EU's “Open Strategic Autonomy” and its Implications for Korea
World Economy Brief EU's “Open Strategic Autonomy” and its Implications for Korea

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.

Youngook Jang
From Historical Ties to Shared Future: Strengthening Korea-India Cooperation for Growth and Sustainability
KIEP Opinion From Historical Ties to Shared Future: Strengthening Korea-India Cooperation for Growth and Sustainability

While the United States, China, Japan, and other established economic and cultural partners traditionally dominate the discourse when considering Korea's international relations, a vast potential for collaboration lies untapped with India. This South Asian nation, with the world's largest population and impressive economic growth, holds great promise for future engagement despite the current limitations in economic, cultural, and diplomatic interactions.

Hyoungmin Han
Korea’s Global Value Chain Strategies amid Rising Trade Disputes
World Economy Brief Korea’s Global Value Chain Strategies amid Rising Trade Disputes

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.

Won Seok Choi
Building Bridges: The Republic of Korea's Approach to Regulatory Convergence with ASEAN
KIEP Opinion Building Bridges: The Republic of Korea's Approach to Regulatory Convergence with ASEAN

The commencement of the ASEAN Economic Community (AEC) in 2015 marked a significant milestone for the Association of Southeast Asian Nations (ASEAN). Following this initiation, the ASEAN Economic Community Blueprint 2025 was unveiled, followed by the launch of the ASEAN Community in 2025 Consolidated Strategic Action Plan (CSAP) in 2017.

Sungil Kwak

Publications