... consumer of Korean exports, having continually increased its share since 2020. It replaces China at the top spot, exports to which have declined for three consecutive years now. In the first half of this year, Korea recorded a trade surplus of USD 28.7 billion with the US, which stands in stark contrast to its USD 5.4 billion deficit with China. For the rest of this report detailing the performance of Korean exports, ...

... high in 2023, corporate debt burdens ballooned, raising the risk of widespread bankruptcies. In this study, I examine how greater uncertainties in financial markets affect corporate borrowing costs. In Korea, the two key capital markets with an influence on corporate finance are the loan market, where banks play a central role, and the corporate bond market, where firms issue bonds to raise funds. For the rest ...

... definition for “regional balanced development,” drawing from works in the literature and an analysis of its elemental terms. We briefly review the history of regional balanced development (RBD) in Korea and explore the directions future policy may take. For the rest of this study on the history and current status of balanced develpment initiatives in Korea, click the download button above. Get in touch with ...