- Increasing supply chain risks and Implications for Korea
- ㆍ 저자명
- Wonseok Choi and Hyoungmin Han
- ㆍ 간행물명
- World Economy Brief
- ㆍ 권/호정보
- 2023년|23권 (통권13호)|pp.1-8 (8 pages)
- ㆍ 발행정보
- 대외경제정책연구원|한국
- ㆍ 파일정보
- 기타|ENG| PDF텍스트
- ㆍ 주제분야
- 사회과학
This study starts by highlighting how geopolitical factors, such as the US-China conflict and the Russia-Ukraine war, are reshaping global supply chains. The US-China conflict, marked by tariff wars and policy shifts, particularly affects key sectors like semiconductors and batteries. These conflicts reveal vulnerabilities in supply chains concentrated in specific countries and have been exacerbated by external factors like the COVID-19 pandemic. From these results, it suggests strategies for Korea in response to these global supply chain changes. These include stabilizing supply chain cooperation with the U.S. and China, strengthening connections with emerging countries, and forming multilateral or bilateral supply chain alliances.