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Korea, economy, crisis - The Korea Times

The Korean economy is falling deeper and deeper into the mire. Throughout this year, government economists said the economy might stay weak in the first six months but rebound in the latter half. With less than a quarter left, however, key indicators are heading even lower. ....

United States , South Korea , Jamie Dimon , Yoon Suk Yeol , University Of London , Statistics Korea , Wall Street , Chang Ha Joon , South Korea , He Korea Times , Orea Times , Orean News In English ,

Increasingly difficult life

A double whammy of the economic slowdown and inflation is having an impact on low- and middle-income households. ....

South Korea , Lee Myung Bak , Yoon Suk Yeol , Samsung Electronics , Korea Inc , Statistics Korea , Economic Misery Index , Chang Ha Joon , South Korea , He Korea Times , Orea Times , Orean News In English ,

Flexible budget spending

A year ago, President-elect Yoon Suk Yeol s transition team lamented the country s fiscal condition after examining it. “The shed is empty,” they said. ....

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The Washington consensus is dead

Europe, China and the US have all rejected free trade and globalisation. Protectionism is back. ....

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What Korea should do in global chips war

Oh how the pendulum swings. In his 2007 book, “Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism,” the Korean-born economist Chang Ha-joon takes to task those who have forgotten or never learned their history. The main lesson of Chang s book is that industrial promotion policies and protectionist measures helped all current developed states achieve their level of development. ....

United States , South Korea , South Korean , South Koreans , Lee Jae Myung , Sean Omalley , Us Congress , National Advanced Packaging Manufacturing Program , Us Commerce Department , World Trade Organization , National Institute Of Standards , Democratic Party Of Korea , Manufacturing United States Institute , Samsung Electronics , National Semiconductor Technology Center , Free Trade , Secret History , Chang Ha Joon , Science Act , National Institute , President Park Chung Hee , Special Taxation Act , Democratic Party , South Korea , He Korea Times , Orea Times ,