Economy

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.

9 min read

Managing Household Debt in South Korea Through the Third-Phase DSR Policy

The third-phase Stress Debt Service Ratio (DSR) policy, effective July 1, 2025, seeks to curb South Korea's escalating household debt by tightening lending conditions.

7 min read

Why Korea’s Fiscal Stimulus No Longer Works—and What to Do Next

Public spending is no longer enough. South Korea’s economy needs fiscal architecture built for velocity, retention, and systemic flow.

9 min read

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.

9 min read

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.

15 min read

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.

7 min read

As the US-China Trade War Escalates, Korea Looks to Mongolia for Economic Survival

With U.S.-China trade tensions rising, Korea seeks supply chain independence. Mongolia’s rare earth minerals, lithium, and renewable energy could be the key to Korea’s AI, semiconductor, and green energy industries. Can Korea bypass China and invest in Mongolia’s future?

12 min read

South Korea Slashes Interest Rates Amid Economic Slowdown: A Desperate Bid for Stability?

South Korea’s economy is slowing, with growth projections downgraded to 1.5% and interest rates cut to 2.75%. As Trump’s trade policies fuel uncertainty, concerns grow over capital outflows, inflation, and a weaker won. Can fiscal stimulus avert a deeper downturn?

5 min read

America’s Financial Crisis as Debt Rises and Wages Stagnate

The U.S. faces a financial crisis as debt hits $1.17 trillion and wages stagnate. With 37 million Americans in poverty, rising costs are deepening economic insecurity. Will policy changes like a higher minimum wage and credit card rate caps offer relief, or will financial instability worsen?

5 min read

South Korea’s Political Turmoil and Its Economic Fallout

South Korea’s economy is facing one of its most challenging periods following the unprecedented declaration of martial law by President Yoon Suk Yeol, a decision swiftly reversed amid public and political backlash. The brief yet impactful episode has not only rattled financial markets but also created ripples of uncertainty across sectors ranging from consumer spending to foreign investment. The declaration of martial law on December 3, 2024, shocked both domestic and international observers. S

4 min read