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Economy

#Key Business Issue

China’s move to allow the appreciation of its currency and its economic implications for Korea

2010-06-28

The People’s Bank of China announced on June 19th that it would abandon its exchange rate system pegged to the U.S. dollar and adopt a more flexible ...

#Key Business Issue

The economic implications of FIFA World Cup victories

2010-06-21

The feverish excitement for the FIFA World Cup 2010 in South Africa is heating up around the globe. Hopes that the Korean team will advance to the round ...

#Key Business Issue

The latest economic issues – national fiscal soundness and exit strategies

2010-06-14

The Meeting of G20 Finance Ministers and Central Bank Governors was held on June 4th and 5th in Busan. All eyes were on this meeting of top financial ...

#Key Business Issue

Tthe economic implications of a potential Korea-China-Japan free trade agreement

2010-06-07

Korea, China, and Japan are one step closer to forming an economic bloc in Northeast Asia. Heads of the three countries gathered for a summit on May ...

#Key Business Issue

Economic ramifications of the Korean Peninsula’s geopolitical situation

2010-05-31

Before it has had the chance to recover from the financial shock emanating out of southern Europe, the Korean financial market has again fallen back ...

#Key Business Issue

The impact of the fiscal crisis in southern Europe on the Korean economy

2010-05-24

Anxiety is mounting as the fallout from the European fiscal crisis quickly spreads to other parts of the world. Finance ministers from the sixteen ...

#Key Business Issue

Korea’s recovering employment market and its sustainability

2010-05-17

Good news in the Korean labor market, as April saw the biggest increase in newly employed workers in about four years. Unemployment also fell to the ...

#Key Business Issue

Implications of interest rate hikes for the Korean economy

2010-05-10

The month of May opened with pressure to raise Korea’s interest rate. However, experts still think it’s premature to raise interest rates given ...

#Key Business Issue

Significance of the completion of the Saemangeum seawall

2010-05-03

The completed Saemangeum seawall, dubbed the “Great Wall on the Sea,” was finally unveiled last Tuesday after 19 years of construction. Upon seeing ...

#Key Business Issue

How external factors affect the Korean economy

2010-04-26

If people were asked to sum up the Korean economy in one phrase, a large number of them would answer “dependency on external conditions.” Admittedly, ...

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