Demographic structure refers to the qualitative aspects of a population, including gender, age, place of residence and the social and economic distribution. These demographic characteristics affect society, culture and the economy, so any changes in demographic structure, which mean changes in...

With the development of IT technology and the emergence of online platform business models, data accumulation is increasing exponentially, and unit accumulation cost is decreasing exponentially. Most of all, data is recognized as a new economic resource. The following summarizes concerns about...

The Moon Jae-In administration first promulgated a policy to support the Korean defense industry in the era of the Fourth Industrial Revolution (4IR) in its 2017 national agenda. In accordance with this, the Korea Defense Acquisition Program Administration (DAPA) announced 2018-2022 Defense...

Hydrogen has recently emerged as the next clean energy source minimizing environmental problems such as climate change and air pollution by supplementing or replacing depleted fossil fuels. Hydrogen as an energy source does not emit harmful by-products in the process of its use, so it is highly...

The protectionist trade measures promulgated by U.S. President Donald Trump during his campaign for the presidency in late 2016 have gradually become a legal reality since his inauguration. The continued proliferation of these protectionist measures has been characterized as an irresponsible...

With the rise of the digital economy around the world, fintech, which can reduce costs by utilizing technology and provide customized services based on data, has emerged as the center of innovation in financial services. Fintech is also fast growing in Vietnam as it is receiving attention as a...

As social interest in particulate matter (PM) increases, various abatement policies are being discussed and implemented. However, such a policy could lead to economic burdens for industries that emit large amounts of PM. For example, if we aim to limit PM emissions from industrial production...

This article aims to examine the trade war so far and the impact of additional U.S. tariffs on the Korean economy. The reason we do not consider Chinese tariffs is because their impact is limited. This chapter also discusses the background and progress of the trade war thus far.The U.S.-China...

Private oil companies in Korea such as GS Caltex, S-Oil and Hyundai Oilbank have recently announced plans to invest in petrochemical production facilities and have begun entering the chemical market in earnest. These investments include building a Naphtha Cracking Center (NCC) where naphtha, a...

With globalization and technological advances, the global economy has grown tremendously, but the benefits have not been equitably distributed. Economic growth’s lack of inclusiveness has resulted in worsened inequality of income, wealth and opportunity, excluding many from the benefits of...