
This study uses worker-level longitudinal panel data and trade data to conduct an analysis of the performance of Korea's employment insurance system in supporting trade-affected workers. We find that the rapid economic growth of China and Vietnam since the 2000s has subjected some Korean industries to heightened import competition.

Based on the findings of the value chain analysis conducted on major Latin American countries, it suggests that these countries may have derived certain economic benefits. This can be attributed to the increased exports to the United States and China, where Latin American countries served as substitute countries for imports during the intensifying competition between the two nations.

This study revisits the definition of trade in services, explores the translation of service statistics into the Korean Standard Industry Classification (KSIC), proposes a method to estimate Korea's services trade by mode of service supply under the WTO trade agreement, and seeks ways to collect data on digital trade in services. It classifies the objectives pertaining to the enhancement of Korea's service trade statistics into short-term, medium-term, and long-term agendas.

Korea is known for its low acceptance rate for asylum seekers, as low as 1-2%. This is one of the lowest among G20 countries, only second to Japan. Unfortunately, the rate drops lower every year. Due to such statistics, Korea is often mistaken to be "Refugee-free."

India's population has recently surpassed China's and is projected to reach 1.4 billion in 2023. India's significant demographic dividend is attributed to its youthful population, with over 40% of the population under 25, providing the potential to accelerate economic growth.

The Eurasian Economic Union (EAEU) is a relatively newly-formed regional integration bloc. It evolved on the basis of the Customs Union of Russia, Kazakhstan, and Belarus in 2015 with Armenia and Kyrgyzstan joining the agreement. The foreign economic aspirations of the EAEU as a single market, in the context of tense relations with Western partners, are turned towards Asian countries.

Home to the current CEOs of Google, Microsoft, IBM and Adobe, and one of the largest producers of IT and Software engineers in the world. The country that is poised to become the world's most populous nation in 2023, with a working-age population that makes up more than 60% of its total population. The country that the U.S., China, and Russia are working hard to woo at a time when the world is fragmented yet again by the U.S.-China conflict and the Russia-Ukraine war. It is India.
KIEP Opinion
- Protection and Assistance for Forced Migrants: The Art of Socio-economic Integration 새글 2023.05.25
- Population Dynamics in India: Navigating the Opportunities and Challenges of Demographic Transition 2023.05.09
- Whither Globalization and Supply Chain? 2023.04.28
- Aftermath of the Ukrainian War: Tracing Russia's Economic Path 2023.04.14
- Portfolio Investment: A Driving Structural Factor behind Recent Financial Turmoil 2023.03.31
World Economy Brief
- How Well Does Korea's Employment Insurance System Support Workers Facing Trade Shocks? 새글 2023.05.26
- A Review of Changes in the Global Value Chain of Latin America 새글 2023.05.25
- Enhancing Korea’s Services Trade Statistics: Policy Recommendations 새글 2023.05.25
- Analysis of Trade Pattern Between the EAEU and South Korea 2023.05.09
- Covid-19 Crisis and Shifts in the Corporate Competitive Landscape: Comparisons with Previous Economic Crises 2023.04.13

KIEP Video Report
Green Transportation Solutions from Shenzhen, China's Silicon Valley
KIEP Perspective
A Country That is Being Courted by the U.S., China, and Russia? India's Emergence as a Global Sweet SpotEAER
EAER Vol.27, No.1 (March 2023)
more- The Impact of Indigenous People’s Pre-existing Information on Rice Farming: Findings from Laos
- Analysis of ASEAN’s Stock Returns and/or Volatility Distribution under the Impact of the Chinese EPU: Evidence Based on Conditional Kernel Density Approach
- Do Women's Attitudes Matter in Acceptance of Islamic Microfinance? Evidence from Malaysia
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