Seoul s hedging strategy not viable over long term
Posted : 2021-04-15 15:51
Updated : 2021-04-15 15:55
Victor Cha, right, chairman of the Center for Strategic and International Studies, speaks during a webinar hosted by the Institute for Global Economics (IGE), Thursday. On the left is IGE Chairman Jun Kwang-woo. Captured from webinar
By Nam Hyun-woo
The government s balancing act of hedging growing pressure from the rivalry between the U.S. and China is not a viable long-term strategy, and Seoul needs to get away from the idea that its alliance with the U.S. is an anti-China coalition, according to Victor Cha, a renowned U.S. academic in Asian affairs.
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Posted : 2021-04-14 16:06 By Kim Rahn
Song Kyung-jin / Courtesy of Song Kyung-jinSong Kyung-jin, head of the international cooperation committee of the Innovative Economy Forum, has been participating in the sixth Raisina Dialogue, India s annual conference on geopolitics and geoeconomics, the forum said, Wednesday.
The conference was initiated by Indian Prime Minister Narendra Modi to expand India s role and presence in international community and support multilateralism. Not only Modi but also many top officials of the Indian government are participating as panelists.
This year s event is being held online due to COVID-19 pandemic from Tuesday to Friday.
Song especially talked about investment, innovation and infrastructure in the Indo-Pacific region in the post-coronavirus era at Wednesday s session titled The Architecture of the Future: Building a New Indo-Pacific. She focused on cooperation between Korea and India in line with the Moon Jae-in administration s New Southe
Posted : 2021-02-09 17:22 By Lee Min-hyung
BlackRock Managing Director Henny SenderA senior official from BlackRock has urged institutional investors here and abroad to embrace environmental, social and corporate governance (ESG) factors as part of their risk management efforts.
BlackRock Managing Director Henny Sender said the COVID-19 pandemic increased momentum for the eco-friendly drive in the investment industry. She said investors from both the private and public sectors should realize the importance of ESG and make concrete efforts to embrace it for their sustainable growth. On an objective level, to not think about ESG is a big risk, she said during a webinar hosted by the Institute for Global Economics, Tuesday.
[INTERVIEW] Korea urged to brace for side effects of Bidenomics
Posted : 2021-01-22 17:01
Ex-financial regulator warns about overheated stock market
By Park Jae-hyuk
A noted economist here has warned against adopting a blind optimism about the possible influence of the Joe Biden administration s policies on the Korean economy, amid a rosy outlook for recovery from the global economic downturn resulting from the COVID-19 pandemic.
Institute for Global Economics (IGE) Chairman Jun Kwang-woo, who previously served as the first chairman of the Financial Services Commission, said Friday that Korea should brace for medium- to long-term side effects from the new U.S. president s plan to pursue expansionary fiscal policies.