Industrial Open Strategic Autonomy in the Indo-Pacific: focusing on high-tech industrial innovation and supply chain security

report
South Korea’s economic security strategy has similarities and differences with those of other countries. The country has implemented countermeasures against supply chain disruptions triggered by the global spread of COVID-19, U.S.-China strategic competition, and increased geopolitical risks such as the Russia-Ukraine war as the core of its economic security strategy. Meanwhile, asymmetric interdependence with China, high external dependence of its main export industries, and experiences with economic coercion have served as factors driving South Korea to pursue an economic security strategy distinct from other countries. This paper examines the
impact of triple vulnerabilities and experiences of economic coercion on the formation of South Korea’s economic security strategy. Based on this analysis, the paper explains the key characteristics of South Korea’s economic security measures.
TNO Identifier
1023492
Collation
97 p.