Economy
Independence or Privilege? Inside the Battle Over Korea’s Financial Supervisory Service Reform
The Financial Supervisory Service has sweeping powers over banks, insurers, and securities firms—but little structural responsibility when scandals erupt. The government’s reform plan seeks to fix this imbalance, sparking fierce resistance from within.
The Quiet Death of Korea’s Local Economies
Korea’s self-employed are disappearing — not from laziness or lack of innovation, but from operating in a system designed to make survival improbable. Without bold structural reform, small businesses will remain the shock absorbers of economic failure, not beneficiaries of national growth.
The Ethics of Control: Can CBDCs Uphold Freedom in a Digital Age?
CBDCs promise greater efficiency and transparency—but also raise a deeper question: what happens when your money is no longer just yours, but encoded with rules from above? The debate is no longer just about technology, but trust—and the future of citizenship.
Currency as Strategy: Why South Korea Must Lead the Next Financial Order
While inflation remains moderate by global standards, its psychological impact is profound. Koreans increasingly feel disconnected from the value of money. A redenomination of the won could restore intuitive clarity, re-anchor economic perception, and reaffirm the credibility of state institutions.
South Korea’s ‘Disengaged Workforce’ Hits Record High
For the first time, South Korea’s economically inactive population among young adults has surpassed 500,000, with 30-somethings exiting the workforce at record rates. Experts warn of severe long-term consequences if urgent labor reforms are not implemented.