Mekong Subregion-RoK Cooperation to Build Stable Supply Chains in Southeast Asia

Jeonghwan Yun (), Jaewan Cheong (), Mingeum Shin () and Jegook Kim ()
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Jeonghwan Yun: KOREA INSTITUTE FOR INTERNATIONAL ECONOMIC POLICY (KIEP), Postal: [30147] Building C Sejong National Research Complex 370 Sicheong-daero Sejong-si Korea, https://www.kiep.go.kr/eng/
Jaewan Cheong: KOREA INSTITUTE FOR INTERNATIONAL ECONOMIC POLICY (KIEP), Postal: [30147] Building C Sejong National Research Complex 370 Sicheong-daero Sejong-si Korea, https://www.kiep.go.kr/eng/
Mingeum Shin: KOREA INSTITUTE FOR INTERNATIONAL ECONOMIC POLICY (KIEP), Postal: [30147] Building C Sejong National Research Complex 370 Sicheong-daero Sejong-si Korea, https://www.kiep.go.kr/eng/
Jegook Kim: KOREA INSTITUTE FOR INTERNATIONAL ECONOMIC POLICY (KIEP), Postal: [30147] Building C Sejong National Research Complex 370 Sicheong-daero Sejong-si Korea, https://www.kiep.go.kr/eng/

No 23-29, World Economy Brief from Korea Institute for International Economic Policy

Abstract: The Mekong subregion has emerged as a key hub in the global value chain (GVC), driven by a surge in foreign direct invest-ment (FDI). This development is rooted in the Mekong subregion's robust economic growth, positioning it strategically amid the ongoing competition between the United States and China for global hegemony. The RoK recognizes the strategic significance of the Mekong subregion and has embarked on cooperative efforts in this context. We delve into the potential of harnessing the Mekong subregion to enhance RoK's supply chain diversity. While it may pose challenges for the Mekong subregion to promptly function as a target for RoK's supply chain diversifi-cation due to its developmental and infra-structural status, we proactively explore po-tential avenues of RoK-Mekong cooperation to determine feasibility.

Keywords: Mekong; Supply Chains (search for similar items in EconPapers)
Pages: 6 pages
Date: 2023-08-11
New Economics Papers: this item is included in nep-int, nep-inv and nep-sea
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Persistent link: https://EconPapers.repec.org/RePEc:ris:kiepwe:2023_029

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