In the 1990s the world witnessed the Information Technology (IT) revolution, which entirely changed the paradigm of the global economy. IT has since continued to develop and mobile platforms have become one of the most important markets, represented by the rise in e-commerce and the sharing...

Last year marked the tenth anniversary of the Free Trade Agreement (FTA) between the European Union (EU) and Korea, which entered into force in 2011. The EU is the world's largest economy and Korea's third largest trade partner, only after China and the United States. Back when the FTA...

Employment in the public and social services sector is on a rising trend in Korea, in terms not only of the number of jobs, but also of the share of these jobs within the whole economy. The latest data suggests that this sector could soon account for more than 20% of total employment.This trend...

Employment is currently the hottest topic in Korea. Changes in monthly employment from the previous year show a downward trend since the Moon administration took office in May 2017. This resulted in a rising trend in unemployment rate during the same period, with the latest data (for April 2019)...

The city of Gwangju and Hyundai Motors finally signed an agreement on January 31 on the Gwangju job project. Known as being motivated by the Auto 5000 model of Volkswagen (VW), the projects objective is to create a joint venture between the city government and the carmaker. Beginning in 2021,...

Income-led growth is at the core of the Moon Jae-in administration’s economic policy. It aims to build an inclusive economy by enhancing the capacity of household consumption and improving distribution, through a more active role of the state and social agreements. This report laregely reviews...

Employment in social services is on an increasing trend in the developed world. The average among the OECD countries, for instance, was about 43 employments per thousand population, or about 9.1 per cent of total employments, in 2005. In 2020, it has risen as high as 49 employments per thousand...

Even while we are suffering from the COVID-19 pandemic, cyclical events arrive mercilessly as scheduled. While some of them are held virtually (i.e., online), some cannot be completely virtualized, at least as of now, including national elections. A major risk in holding an election during a...