This paper analyzes changes in the export potential and competitiveness of China, Japan, and Korea. The analysis of Japan's export market share reveals that in sectors where Korea's potential was strong in the early 1990s, Japan's market share diminished. This suggests the possibility that Korea...

This paper estimates the expectation-augmented Phillips curve, which explains inflation dynamics, in Korea. The phenomenon of low inflation in Korea has been going on for quite some time, in particular since 2012. During the Covid-19 crisis, due to low inflation expectations the operation of...

Korean Abstract: 본 연구에서는 글로벌 금융위기 이후 나타나고 있는 글로벌 투자의 부진이 우리 경제에 미치는 영향에 대해 분석하였다. 글로벌 투자 부진은 세계 GDP 대비 세계교역량의 증가세가 과거에 비해 둔화된 하나의...

Korean Abstract:■ 코로나19로 인해 한국경제의 GDP는 기존 경로를 상당 폭 하회할 것이며, 향후 GDP 경로에 대한 불확실성이 높은 것으로 분석됨. ■ 코로나19 위기에 대응하여 단기적으로는 코로나19의 확산 방지를 최우선으로...

■ The analysis finds that Korea’s GDP will most probably slip significantly below the previous path due to COVID-19, and the future trend is still very uncertain. ■ Short-term responses to the pandemic should focus on the prevention of a further spread while at the same time policy...