you are currently viewing::IMF-Republic of Korea: 2024 Article IV Consultation, Press Release; Staff Report; and Statement by the Executive Director for the Republic of KoreaFebruary 7, 2025--Summary Key medium-term challenges are to boost the growth potential amidst rapid population aging, and to adapt to shifting trade patterns, transformative technological change, and climate vulnerabilities. Source: IMF |
March 25, 2024--Combining overhauls in areas including business and external regulation, governance, and human development can boost output levels by 3 percent over four years.
Southeast Asia's major economies have made major strides over the last couple of decades.
March 17, 2025-- The recent AI model developed by DeepSeek has taken the world by surprise and triggered a rally in Chinese tech stocks. As of March 12th, Wind data showed that the CSI Artificial Intelligence index recorded an impressive year-to-date gain of 14.7%.
March 12, 2025--Viet Nam's real GDP is projected to grow 6.8 percent in 2025 and 6.5 percent in 2026, according to the World Bank’s latest economic update report for Viet Nam-Taking Stock, released today.
March 12, 2025--The announcement comes more than a year after Coinbase ceased operations in India due to regulatory challenges with UPI services.
US-based cryptocurrency exchange Coinbase confirmed on Tuesday, March 11, that it has secured the necessary approvals from the country's Financial Intelligence Unit (FIU) to re-enter the Indian crypto trading market.
March 11, 2025--Solactive is pleased to strengthen the partnership with KB Asset Management with the launch of KB RISE US Quantum Computing ETF, tracking the Solactive US Quantum Computing Technology Index. Designed to capture the growth of the leading innovators in the quantum computing industry, the index aims to offer investors targeted exposure to companies at the forefront of quantum technology.
March 11, 2025--China's leadership plans to increase the deficit, lower inflation rates and increase manufacturing capacity whilst supporting critical technologies
China's most important annual political gathering, the so-called 'two sessions', has as one of its main objectives the setting out of the year's priority economic targets. This was done this year by Premier Li Qiang, on 5 March.
March 5, 2025-Summary
The global trade landscape is being reshaped by geoeconomic fragmentation and the rise of industrial policies. This paper studies the impact of these trends on the export-oriented Korean economy. It documents both positive and negative effects of U.S.-China trade tensions, technology and supply chain restrictions, and industrial policies of major economies on Korea's trade and FDI, particularly that of its strategic sectors.
March 5, 2025-Summary
This paper examines the economic impact of Artificial Intelligence (AI) in Korea. Korea is among the global frontrunners in AI adoption, with higher adoption rates among larger, younger, and technologically advanced firms. AI holds the promise for boosting productivity and output, though the effects are more pronounced among larger and mature Korean firms.
March 3, 2025-Summary
Malaysia's economic performance has significantly improved in 2024, supported by strong domestic and external demand. Disinflation is taking hold and external pressures have eased.