
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.

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.

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.

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.
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.

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.

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.
KIEP Opinion
- Recent Developments in Addressing Global Climate Change 새글 2023.03.13
- The Taiwan Issue and Korea’s Economic Security in the Era of U.S.-China Strategic Competition 2023.02.27
- Costs and Benefits of Evaluation in Development Cooperation: A Thought on ‘Evaluation Deadweight’ 2023.02.17
- China’s Green Finance Strategy: A Key to Achieve Carbon Neutrality 2023.02.03
- Trade and Women: Is Human Capital Genderless? 2023.01.19
World Economy Brief
- Catch-up and Leapfrog Strategies for Developing Countries: Making a Case for a Social Spring 새글 2023.03.15
- ASEAN's medium- to long-term trade strategies and the direction of RoK-ASEAN cooperation 새글 2023.03.13
- Korea's Official Development Assistance to the Philippine Education Sector: Observations and Inputs 새글 2023.03.08
- Japan’s Carbon Neutrality and Green Growth Strategy 2023.03.03
- Strategies of Multinational Companies Entering China in the Era of U.S.-China Competition and Implications for Korea 2023.03.03
KIEP News
- Symposium Commemorating KIEP Delhi Office Opening 2023.03.06
- Seminar on the India Pacific Strategy and Medium- to Long-term Trade Strategies in Major Economies 2023.02.28
- Seminar on “Sharing 2022 Cooperative Research Outcomes of Studies in Global and Regional Strategies” 2023.02.24
- 2023 KIEP Digital Economy Forum 2023.02.22
- 2023 KIEP Northern Policy Seminar 2023.02.16

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EAER Vol.26, No.4 (December 2022)
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