Korea’s i-SMR gives up some of the economies of scale that made conventional reactors large and tries to recover them through standardized manufacturing and repeated deployment. Gijang will be the first place where that proposition meets the real world.
The U.S. once constrained South Korea’s nuclear fuel cycle over real proliferation risks. As Seoul seeks greater uranium-enrichment latitude, those old rules now face a different Korea, a different fuel market and a changing American nuclear policy.
South Korea is preparing a Future Response Fund to redirect exceptional tax revenue into longer-term growth. Its success will depend on whether a semiconductor-driven fiscal windfall can leave behind broader productivity, stronger regional economies and a more durable tax base.
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