Globalization has been a dominant trend in the world economy over the past few decades. However, in recent years, globalization may be facing headwinds. While globalization has brought about many benefits, such as economic growth, poverty reduction, and increased access to goods and services, it...

The urgency of responding to climate change and the need for stronger actions to mitigate GHG emissions have been at the forefront of global efforts. Multilateral cooperation centered on the Conference of the Par-ties of the United Nations Framework Convention on Climate Change (UNFCCC) and the...

Korea is known for its low acceptance rate for asylum seekers, as low as 1-2%. This is one of the lowest among G20 countries, only second to Japan. Unfortunately, the rate drops lower every year. Due to such statistics, Korea is often mistaken to be "Refugee-free." However, as we see in the case...

Responding to climate change is a major challenge for the international community, and it is a particularly difficult challenge for China, the world's largest carbon emitter and developing country. However, China is pursu-ing a carbon-neutral strategy to use these challenges as opportunities for...

India's population has recently surpassed China's and is projected to reach 1.4 billion in 2023. India's significant demographic dividend is attributed to its youthful population, with over 40% of the population under 25, providing the potential to accelerate economic growth. However, this...

This manuscript, from a near-term perspective, scrutinizes the economic ramifications of the sanctions levied by Western nations against Russia in the aftermath of the Russo-Ukrainian War. Additionally, it proactively prognosticates the enduring implications of the sanctions on the Russian...

While there is little doubt about the importance of evaluation in development cooperation, the proliferation of systematic evaluation has raised concerns over the so-called “evaluation deadweight” which may exist where costs of evaluation exceed the benefits. We need to understand what...

In the Middle East and North Africa (MENA), energy subsidies have been at the center of government budget reform since the 2000s. However, political pressure existing between social safety nets and environmental costs, namely in terms of energy subsidy reduction. First, fossil fuel subsidies in...

In May 2022, the newly elected President Yoon presented the national vision of “a reemerging Korea, a country of people living well together”. Under this vision, “a global pivotal country that contributes to freedom, peace, and prosperity” was set as one of the six goals to be...