Multilateralism key for South Korean supply chains, growing arms industry
While China threatens its autonomy, Seoul can improve economic resilience through cooperation with other regional powers
South Korea has become an economic force in the Indo-Pacific region, exporting its goods to Asia and the world at G20-level volumes and thereby fueling the country’s growth over the past half-century. It has been a beneficiary of globalization and a vocal proponent for it on the global stage.
However, the COVID-19 pandemic pushed to the surface many issues related to international trade, converging geopolitics and economics in a way not seen before. A rising China, U.S.-China decoupling, the weaponization of tariffs and other trade restrictions as well as the spread of illiberalism all challenge the institutions that make South Korea a rich, prosperous country.
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- 01Election watch: South Korean opposition in turmoil over how it selects lawmakers
- 02Why South Korea’s urban expansion is a double-edged sword for growth
- 03South Korea’s adoption scandal unveils harrowing realities
- 04Why South Koreans pursue convenience store dreams in an oversaturated market
- 05Cinema and controversy merge in South Korea’s historical debate
- 06A tale of two polls: Reading between the lines of Yoon’s clashing approval rates
- 07Election Watch: Centrist dreams falter as South Korea’s big tent party collapses
- 08Singlehood surges in South Korea as youth rethink marriage