Since the latter half of the 2000s, green growth and green industry have been centered on government policy. Green growth is interpreted as the more developed version of sustainable development to harmonize economic growth and environmental protection. At the very core area, green industry has...

One of the distinctive features of national employment is that net increases in employment are concentrated in the Capital area. From 2005 to 2011, about 77.1% of the total increase in employment occurred in Seoul, Gyeonggi and Incheon. The percentage for these capital areas had stood at about...

Bilateral economic relations between India and Korea seem to have improved considerably after the Comprehensive Economic Partnership Agreement (CEPA) between the two countries came into force in January 2010. This was reflected in a dramatic rise in India’s bilateral trade with Korea from US$...

Global hidden champions have grown continually in the global market without great difficulties, even though the global market has fluctuated violently after the global financial crisis in 2009. The Korean government observed that the growth of global hidden champions would be the key to remove...

Korea had one of the fastest growing economies in the world from the onset of industrialization in the early 1960s to the late 1990s. Korea’s economic development in those years had been based on industrialization that emphasized manufacturing rather than service industries. However, the...

China, the largest trading partner of Korea, is emerging as a key player in the world economy. However, China’s processing trade is not emphasized despite its role and importance due to the wrong perception concerning processing trade. Only low value-added products are associated with...

We are now definitely living in the 'Low Carbon and Green Growth' era, and there are numerous pioneer environmental companies seeking business opportunities in environmental areas. The 'Ecomagination' of GE is a good example. In addition, some findings show that greater efforts towards...

It is necessary to investigate the paradigm shift caused by reduced differences in the competitiveness between Korea and Japan. Due to fast growth of Korean companies, their cooperative relationship has changed from a vertical relationship to a horizontal partnership in supply chain...

Since the inauguration of the new government, the most important goal of government has been to achieve a 70% employment rate. With the realization of the creative economy, the big question on the minds of the government has been to create more high quality jobs. To reach its goal, the...

SMEs are key growth engines for the Korean economy, as they account for the majority of firms and employment and can generate earnings in the global market. The Korean government has concentrated its attention on the development of policy measures aimed at the global market, which have prompted...