EU’s Strategic Net-zero Technology Promotion Policies and Global Supply Chains

Youngook Jang ()
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Youngook Jang: 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 25-8, World Economy Brief from Korea Institute for International Economic Policy

Abstract: This brief examines recent trends in the EU's industrial and trade policies related to net-zero strategic technologies and their supply chains. It then analyzes the impact of these policies on global supply chain reshaping. As a major player in global supply chains and an active participant in the transition to a net-zero economy, the EU has recently been promoting industrial competitiveness through various industrial and trade policies. Quantitative analyses imply that these policies will likely increase intra-EU trade and reduce extra-EU trade. Korea should respond and adapt to changes in the global trade environment by drawing up Korean industrial policies using EU examples as a reference.

Keywords: EU; strategic; net-zero; technology; global; supply chain (search for similar items in EconPapers)
Pages: 8 pages
Date: 2025-03-31
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Persistent link: https://EconPapers.repec.org/RePEc:ris:kiepwe:2025_008

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