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Opinion

Columnists

Santa Claus is now the patron saint of American politics

When I was a boy, like most kids, I could hardly go to sleep on Christmas Eve, knowing that when I woke up our Christmas tree would be surrounded by presents from Santa. As much as I loved Christmas, I wished every day would be Christmas, with Santa coming down our chimney and giving me loads of gifts for free.

2021-09-08 17:05

Growth through innovation will help fight climate change

In the past decade a growing number of activists and pundits have argued that if we want to save the planet, particularly from global warming, the world can no longer afford growth. Many go further and call for de-growth: via shrinking the global Gross Domestic Product (GDP).

2021-08-11 17:05

All automation is good automation

South Korea has a productivity problem. Productivity growth is the single most important economic factor, for without it per-capita incomes stagnate. For the half century after the 1950-53 Korean War, South Korea likely had the fastest rate of productivity growth of any nation in history, with annual rates of GDP-per-capita growth sometimes in excess of 10 percent. That is why Korea went from a low-income nation to a high-income one.

2021-06-17 17:01

Korea has too many small firms and it's hurting economic growth

From the 1950s to the mid-1990s, Korea pulled off an economic miracle: industrializing faster than virtually any nation in history. This process enabled Korea eventually to become the world's 10th largest economy today.

2021-05-06 17:29

US industrial policy is back

One reason for Korea's phenomenal economic and technological rise over the last 60 years was that its industrial policies focused initially on spurring the growth of manufactured product exports and more recently on supporting advanced technology production.

2021-04-05 17:10

Regulation: Korea's next innovation challenge

Korea has rapidly progressed when it comes to innovation. In the World Intellectual Property Organization's 2020 Global Innovation Index, Korea broke into the top 10 for the first time, ranking first in research and development (R&D) and second for human capital and information and communications technology (ICT).

2021-03-15 16:56

What do Biden administration's trade, economic policies mean for Korea?

While U.S. President Joe Biden has only been in office about two months, there are already signs that suggest how his administration's priorities could affect South Korea.

2021-02-18 18:30

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