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Catch-up and Leapfrog Strategies for Developing Countries: Making a Case for a Social Spring
World Economy Brief Catch-up and Leapfrog Strategies for Developing Countries: Making a Case for a Social Spring

There is an ongoing consensus that we are on the brink, if not already started, of a major technological revolution. The Fourth Industrial Revolution has a wider and deeper transformative power. It could be considered a major paradigm shift of our time. Its importance is characterized by a wave of innovation in many fields, yet it is not compartmentalized in silos of technological advancements and product innovation.

Leonardo Paz Neves
ASEAN's medium- to long-term trade strategies and the direction of RoK-ASEAN cooperation
World Economy Brief ASEAN's medium- to long-term trade strategies and the direction of RoK-ASEAN cooperation

In recent years, the U.S.-China hegemony competition has intensified, dividing the world into two blocs. ASEAN has long culti-vated its position on the international stage by maintaining a certain distance between the United States and China. In that sense, ASEAN is the best partner for Korea to ef-fectively respond to the divided world. Therefore, this study seeks the directions of cooperation with ASEAN in supply chain, digital trade, climate change response, and health and development cooperation in line with changes in the international order.

Sungil Kwak, Seungjin Cho, Jaewan Cheong, Jaeho Lee, Mingeum Shin, Nayoun Park and So Eun Kim
Recent Developments in Addressing Global Climate Change
KIEP Opinion Recent Developments in Addressing Global Climate Change

The urgency of responding to climate change and the need for stronger actions to mitigate GHG emissions have been at the forefront of global efforts. Multilateral cooperation centered on the Conference of the Par-ties of the United Nations Framework Convention on Climate Change (UNFCCC) and the Paris Agreement has been sought every year. How-ever, a new trend has recently emerged in addressing climate change and targeting the Nationally Determined Contributions of the Paris Agreement.

Jin-Young Moon
Korea's Official Development Assistance to the Philippine Education Sector: Observations and Inputs
World Economy Brief Korea's Official Development Assistance to the Philippine Education Sector: Observations and Inputs

Advocating inclusive and equitable quality education (SGD 4: Quality Education) is central to sustainable development efforts anchored on collaboration and partnership that enable the policy-to-impact synergy. Agencies and institutions in various levels need to align motivations as they work towards realizing education for sustainable development (ESD). As education fuels sustainable development, school access and completion need to be prioritized, as wealth inequality and gender gap are eliminated.

Inero Ancho
Japan’s Carbon Neutrality and Green Growth Strategy
World Economy Brief Japan’s Carbon Neutrality and Green Growth Strategy

Japan is mobilizing all its policy capabilities for energy transition from fossil fuels to renewable energy and hydrogen energy from the perspective of realizing carbon neutrality by 2050. Among them, the overseas development and return of hydrogen energy to Japan and the domestic green hydrogen development are making great progress since the announcement of the basic hydrogen strategy in December 2017.

Gyu-Pan Kim
Strategies of Multinational Companies Entering China in the Era of U.S.-China Competition and Implications for Korea
World Economy Brief Strategies of Multinational Companies Entering China in the Era of U.S.-China Competition and Implications for Korea

With the integration of resources and markets around the world sparked by the trend of globalization, multinational companies have continued to grow at a rapid pace. In particular, global manufacturers have maintained their competitiveness by distributing resources more efficiently while establishing a global value chain with China as their main production hub.

Sang Baek Hyun, Ji Young Moon, Minsuk Park, Jonghyuk Oh and Yun Mi Oh
The Taiwan Issue and Korea’s Economic Security in the Era of U.S.-China Strategic Competition
KIEP Opinion The Taiwan Issue and Korea’s Economic Security in the Era of U.S.-China Strategic Competition

The recent U.S.-China strategic competition has further increased the risk and uncertainty of the Taiwan issue. In addition, with the outbreak of the Russia-Ukraine War, the international community's concern about the Taiwan Strait has grown, and the strategic value of Taiwan is rising even more in the era of the Fourth Industrial Revolution, as an important actor in the global semiconductor supply chain.

Jaichul Heo

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