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
Soo-Dong Kim: Kora
Soyoung Lim: Korea Institute for Industrial Economics and Trade
Kye Hwan Kim: Korea Institute for Industrial Economics and Trade
Hyeok Ki Min: Korea Institute for Industrial Economics and Trade
Yoon Sung Shin: Korea Institute for Industrial Economics and Trade
Eun Kyo Cho: Korea Institute for Industrial Economics and Trade
Byungyul Park: Korea Institute for Industrial Economics and Trade
Jeonghwan Choi: Korea Institute for Industrial Economics and Trade
Hyun Ji Bing: Korea Institute for Industrial Economics and Trade
Ji Hyun Kang: Korea Institute for Industrial Economics and Trade

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 (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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