The performance of the Philippine automotive industry has steadily improved after the Asian crisis. However, relative to the performance of the automotive industry in other countries, the automotive sector in the country has languished. To understand the challenges being faced by the automotive...

The development of the Philippine automotive parts and components sector is critical to the automotive assembly industry. The availability of competitive parts and components that are locally manufactured can significantly contribute to boost the competitiveness of the assembly sector. Given the...

Globalisation and the ageing of the work force represent a dual challenge for enterprises. The first exerts pressure on production costs in order to stay competitive, the second raises production costs as the productivity of workers tends to decline after a certain age, particularly for...

This paper presents an heuristics of economic action in South Korea which is based on a qualitative study conducted on-site. It focuses on the idea of experience-near concepts - as introduced by Clifford Geertz - and is verbalised by the terms affiliation, indebtedness and mediation. The...

Schneller als vielfach erwartet findet die Weltwirtschaft den Weg aus der großen Krise. Dabei erweisen sich die asiatischen Staaten als besonders dynamisch. Amerika will durch eine Steigerung seiner Exporte Anschluss halten. Nach dem Scheitern der Doha-Runde stellt sich die Frage, ob bilaterale...

This paper attempts at characterising South Korean monetary policy in the period of explicit inflation targeting started in 1999. We explain Korean interest rates in relation to an estimated macro-model, assuming that monetary policy is set optimally. This allows us to obtain the central...

This paper gives an account of the financial crisis that took place in Korea from the point of view of the Korean population using survey data collected in 1998 and 1999. Although both, internal and external factors were blamed as causes, domestic factors were considered to be of greater...

Taiwan and South Korea are generally considered to be more successful than many others in containing the spread of Covid-19. Three basic and interrelated factors have led to their success so far: efficient governance, high quality of medical research and health care, and a smart use of digital...

Despite high hopes for artificial intelligence (AI) to generate powerful innovations across the public sphere backed by its strong prediction skills, Korea has not fully brought the technologies into the public sector in tasks like identifying policy target groups and managing follow-up tasks in...

In recent decades, the surge of populist movements and leaders has captivated the attention of scholars, policymakers, and the general public around the world. The rise of populism and populists has prompted a profound reevaluation of the dynamics within democratic societies and the complex...