Main Industrial and Trade Issues of 2024: Analysis and Countermeasures

Dongsoo Kim (), Soo-Dong Kim (), Soyoung Lim (), Kye Hwan Kim (), Hyeok Ki Min (), Yoon Sung Shin (), Eun Kyo Cho (), Byungyul Park (), Jeonghwan Choi (), Hyun Ji Bing () and Ji Hyun Kang ()
Additional contact information
Dongsoo Kim: Korea Institute for Industrial Economics and Trade, Postal: Sejong National Research Complex, Korea Institute for Industrial Economics and Trade, 370 Sicheong Dae-ro C-dong 8-12F 30147, Republic of Korea, http://www.kiet.re.kr
Soo-Dong Kim: Kora, Postal: Sejong National Research Complex, Korea Institute for Industrial Economics and Trade, 370 Sicheong Dae-ro C-dong 8-12F 30147, Republic of Korea, http://www.kiet.re.kr
Soyoung Lim: Korea Institute for Industrial Economics and Trade, Postal: Sejong National Research Complex, Korea Institute for Industrial Economics and Trade, 370 Sicheong Dae-ro C-dong 8-12F 30147, Republic of Korea, http://www.kiet.re.kr
Kye Hwan Kim: Korea Institute for Industrial Economics and Trade, Postal: Sejong National Research Complex, Korea Institute for Industrial Economics and Trade, 370 Sicheong Dae-ro C-dong 8-12F 30147, Republic of Korea, http://www.kiet.re.kr
Hyeok Ki Min: Korea Institute for Industrial Economics and Trade, Postal: Sejong National Research Complex, Korea Institute for Industrial Economics and Trade, 370 Sicheong Dae-ro C-dong 8-12F 30147, Republic of Korea, http://www.kiet.re.kr
Yoon Sung Shin: Korea Institute for Industrial Economics and Trade, Postal: Sejong National Research Complex, Korea Institute for Industrial Economics and Trade, 370 Sicheong Dae-ro C-dong 8-12F 30147, Republic of Korea, http://www.kiet.re.kr
Eun Kyo Cho: Korea Institute for Industrial Economics and Trade, Postal: Sejong National Research Complex, Korea Institute for Industrial Economics and Trade, 370 Sicheong Dae-ro C-dong 8-12F 30147, Republic of Korea, http://www.kiet.re.kr
Byungyul Park: Korea Institute for Industrial Economics and Trade, Postal: Sejong National Research Complex, Korea Institute for Industrial Economics and Trade, 370 Sicheong Dae-ro C-dong 8-12F 30147, Republic of Korea, http://www.kiet.re.kr
Jeonghwan Choi: Korea Institute for Industrial Economics and Trade, Postal: Sejong National Research Complex, Korea Institute for Industrial Economics and Trade, 370 Sicheong Dae-ro C-dong 8-12F 30147, Republic of Korea, http://www.kiet.re.kr
Hyun Ji Bing: Korea Institute for Industrial Economics and Trade, Postal: Sejong National Research Complex, Korea Institute for Industrial Economics and Trade, 370 Sicheong Dae-ro C-dong 8-12F 30147, Republic of Korea, http://www.kiet.re.kr
Ji Hyun Kang: Korea Institute for Industrial Economics and Trade, Postal: Sejong National Research Complex, Korea Institute for Industrial Economics and Trade, 370 Sicheong Dae-ro C-dong 8-12F 30147, Republic of Korea, http://www.kiet.re.kr

No 24/3, i-KIET Issues and Analysis from Korea Institute for Industrial Economics and Trade

Abstract: Despite a projected global growth of 3% in 2024, uncertainties cloud the economic outlook due to ongoing conflicts, upcoming elections, and rising interest rates. Korea aims to navigate these challenges by boosting exports, attracting foreign investment, and building a more independent trade network through agreements with the US, EU, Africa, and Central America. The country seeks a proactive approach to counter trade issues and establish a mutually beneficial cooperation network.

Keywords: global trade; Russia-Ukraine war; Israel-Hamas conflict; India elections; US elections; Biden; Trump; EU elections; far right; protectionism; economic security; nationalism; Korea; exports; inflation (search for similar items in EconPapers)
JEL-codes: F00 F01 F02 F10 F13 F21 F42 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2024-03-20
New Economics Papers: this item is included in nep-cis, nep-int and nep-inv
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