Oil Price Caps: Effects and Policy Responses
A comparison of South Korea, the United States, China, Japan, and Other Major EconomiesRecently, major economies across the globe have turned to price controls to blunt the effect of rising energy prices. A comparison of major economies shows both direct price management and subsidy-based policies cushioning price increases. From March to August 2026, energy prices in South Korea, China, and Thailand rose an average of 15 percent year on year, 9.9 percentage points less than the 24.9 percent recorded in the United States and Germany, while in Japan, which stabilized prices through subsidies, they fell by an average of 4.5 percent. Korea’s results have been relatively good, less because it eliminated price increases than because it kept them from widening further.
2026 KIET-VIOIT Workshop
Cooperation for industrial and trade developmentKIET and the Vietnam Institute of Strategy and Policy for Industry and Trade (VIOIT) held the fifth KIET-VIOIT Workshop in Hanoi on October 29, 2026, with presentations on nuclear power, semiconductor supply chains, supporting industries, and digital transformation.
KIET-ISID Joint Report on the Economic Relationship between Korea and India
Deepening Ties, Accelerating DevelopmentByungyul Park, KIET‘s resident India expert, and Reji K. Joseph, a policy scholar and assistant professor at ISID, led a multi-year collaborative research effort to produce this volume-length report on Korea and India‘s economic relationship, exploring the dynamics of the two countries‘ trade, investment, and position in global value chains. The full report was published as part of KIET‘s Occasional Paper series and is available for download free of charge.
Optical Fiber in the AI Era: Korea’s Position and Challenges Ahead
Are Korean firms positioned to capitalize on the AI buildout?This study compares demand and price trends in the global optical fiber market, the competitiveness of the major producers, and policy in Korea and abroad, and on that basis sets out directions for developing Korea’s optical fiber materials industry: securing high-value preform manufacturing capability, developing next-generation fiber technologies such as multi-core fiber (MCF) and hollow-core fiber (HCF), and broadening the demand base through national infrastructure projects.
KIET and QazIndustry Sign MoU
KIET and the Kazakhstan Industry and Export Center (QazIndustry) agree to cooperate on industrial policy and development cooperation initiativesOn September 15, 2026, KIET and QazIndustry agreed to cooperate on industrial policy and development cooperation research. Both sides emphasized the need to study the adoption of digital and innovative technologies in manufacturing processes, as well as special economic zones (SEZs) and industrial parks. The goal of this new partnership is to strengthen the industrial competitiveness of both countries through expert exchanges, knowledge and information sharing, and joint research & events.
2026 GTIPA Summit
KIET attends Global Trade and Policy Alliance (GTIPA) annual summit in WarsawThe Global Trade and Policy Alliance (GTIPA) is a global association of research institutions with a common interest in responding to global challenges. KIET is Korea‘s member institution, and KIET officials (including President Namhoon Kwon) attended GTIPA‘s annual summit at the University of Warsaw to discuss regulatory policy in an era of rapid technological change.
Oil Price Caps: Effects and Policy Responses
A comparison of South Korea, the United States, China, Japan, and Other Major EconomiesRecently, major economies across the globe have turned to price controls to blunt the effect of rising energy prices. A comparison of major economies shows both direct price management and subsidy-based policies cushioning price increases. From March to August 2026, energy prices in South Korea, China, and Thailand rose an average of 15 percent year on year, 9.9 percentage points less than the 24.9 percent recorded in the United States and Germany, while in Japan, which stabilized prices through subsidies, they fell by an average of 4.5 percent. Korea’s results have been relatively good, less because it eliminated price increases than because it kept them from widening further.
2026 KIET-VIOIT Workshop
Cooperation for industrial and trade developmentKIET and the Vietnam Institute of Strategy and Policy for Industry and Trade (VIOIT) held the fifth KIET-VIOIT Workshop in Hanoi on October 29, 2026, with presentations on nuclear power, semiconductor supply chains, supporting industries, and digital transformation.
KIET-ISID Joint Report on the Economic Relationship between Korea and India
Deepening Ties, Accelerating DevelopmentByungyul Park, KIET‘s resident India expert, and Reji K. Joseph, a policy scholar and assistant professor at ISID, led a multi-year collaborative research effort to produce this volume-length report on Korea and India‘s economic relationship, exploring the dynamics of the two countries‘ trade, investment, and position in global value chains. The full report was published as part of KIET‘s Occasional Paper series and is available for download free of charge.
Optical Fiber in the AI Era: Korea’s Position and Challenges Ahead
Are Korean firms positioned to capitalize on the AI buildout?This study compares demand and price trends in the global optical fiber market, the competitiveness of the major producers, and policy in Korea and abroad, and on that basis sets out directions for developing Korea’s optical fiber materials industry: securing high-value preform manufacturing capability, developing next-generation fiber technologies such as multi-core fiber (MCF) and hollow-core fiber (HCF), and broadening the demand base through national infrastructure projects.
KIET and QazIndustry Sign MoU
KIET and the Kazakhstan Industry and Export Center (QazIndustry) agree to cooperate on industrial policy and development cooperation initiativesOn September 15, 2026, KIET and QazIndustry agreed to cooperate on industrial policy and development cooperation research. Both sides emphasized the need to study the adoption of digital and innovative technologies in manufacturing processes, as well as special economic zones (SEZs) and industrial parks. The goal of this new partnership is to strengthen the industrial competitiveness of both countries through expert exchanges, knowledge and information sharing, and joint research & events.
2026 GTIPA Summit
KIET attends Global Trade and Policy Alliance (GTIPA) annual summit in WarsawThe Global Trade and Policy Alliance (GTIPA) is a global association of research institutions with a common interest in responding to global challenges. KIET is Korea‘s member institution, and KIET officials (including President Namhoon Kwon) attended GTIPA‘s annual summit at the University of Warsaw to discuss regulatory policy in an era of rapid technological change.
Latest Publications
Oil Price Caps Effects and Policy Responses: A Comparison of South Korea, the United States, China, Japan, and Other Major Economies
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[Current Issue] Occupational Task Distance and the Wage Cost of Involuntary Job Loss in South Korea
![pub_[Current Issue] International Students as Regional Human Capital: An Analysis of Work-Study Practices and Policy Implications for Regional Settlement](/upload/engNewpub/report/54.jpg)
[Current Issue] International Students as Regional Human Capital: An Analysis of Work-Study Practices and Policy Implications for Regional Settlement
![pub_[Current Issue] Headwinds and Springboards for EU Industry](/upload/engNewpub/report/KIET Industrial Economic Review.jpg)
[Current Issue] Headwinds and Springboards for EU Industry
Making Innovation Cities Regional Hubs: Lessons from the Effects of Public Institution Relocation
[Current Issue] The Competitiveness of Korea’s Fine Chemicals Industry
[Cover Story] Localizing the Digital Revolution: Strategies for Regional Growth in South Korea
![pub_[Industrial Economy Analysis] Economic Security and Technological Sovereignty: Global Policy Trends and Strategic Implications for South Korea](/upload/engNewpub/report/KIET Monthly Industrial Economic.png)
[Industrial Economy Analysis] Economic Security and Technological Sovereignty: Global Policy Trends and Strategic Implications for South Korea
[Industrial Economy Analysis] Trump 2.0 and the America First Trade Policy: A South Korean Survival Guide
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29 OCTInternational
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26 OCTInternational
KIET-IIE/CASS Industrial Forum
Time 09:00 ~ 17:30
Venue : Sun Yat-sen University Shenzhen
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코로나19 발생 이후 대부분의 고용 관심사가 항공 및 여행서비스, 음식·숙박 서비스 등 주로 서비스 업종에 집중된 상황에서 본 연구는 최근 그 중요성이 강조되고 있는 제조업의 고용변화를 살펴보았다. 분석에 따르면, 코로나19 이후 제조업 고용은 비교적 큰 충격 없이 빠르게 회복하는 모습을 보이고 있다. 제조업 고용은 서비스업에 비해 큰 충격 없이 유지되고 있고, 코로나19 직후 2020년 상반기에 약간 하락하였지만 하반기부터 회복 추세를 보이고 있으며, OECD 주요국의 제조업과 비교하여도 일본과 함께 고용 충격이 비교적 작게 나타나고 있다. 그러나 전반적으로 양호한 고용 성적에도 불구하고 제조업 내 특성 별로는 차이가 나타나는 것으로 보인다. 종사상 지위 별로 보면, 임시·일용직, 고용원이 있는 자영업자에서 고용 충격이 상대적으로 크게 나타났고, 상용직과 고용원이 없는 자영업자는 큰 충격이 없는 것으로 나타났다. 제조업 규모별로는 300인 이상의 경우 코로나 발생 초기 약간의 충격 이후 고용이 빠르게 반등하면서 코로나 이전보다 고용이 더 증가한 반면, 이보다 작은 규모의 제조업체들의 경우 고용 회복이 더디게 나타나고 있다. 고용의 중장기, 단기 추세선을 비교한 결과 제조업 업종에 따른 차이를 보였다. 코로나 발생 이전 3년간의 추세선을 2020년 1월부터 연장한 선과, 2020년 1월부터의 실제 자료를 이용한 단기 추세선을 비교한 결과, 의약품은 코로나19 발생 이전부터 시작하여 코로나19 발생 이후에도 견조한 증가세를 유지하고 있으며, 전자부품·컴퓨터, 기타운송장비, 가구는 코로나19 이후 오히려 고용 추세가 개선되었다. 그러나 다수 업종은 코로나 발생 이후 고용이 하락하였는데, 특히, 비금속광물, 1차금속, 금속가공 분야나 인쇄·기록매체 업종에서 하락이 상대적으로 크게 나타났다.
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