Chip boom lifts growth, not jobs KDI raised its 2026 growth forecast to 3.2 percent on surging AI-driven semiconductor demand while cutting its employment outlook. 2026.8.19
KDI projects economy to expand 2.5% this year on chips The Korean economy is projected to expand 2.5 percent in 2026, supported by strong growth in the semiconductor industry and a recovery in domestic consumption, a state-run think tank said Wednesday. 2026.5.13
Korea's economy shows signs of improvement amid challenges in exports and construction After months of faltering growth, Korea’s economy is stirring again, helped by a burst of consumer spending that has offset weakening exports and a stagnant construction sector. 2025.11.9
Korean economy to grow just 0.8% amid construction slump: KDI Korea’s economy is set to crawl forward at just 0.8 percent this year, the Korea Development Institute warned Tuesday, as a construction slump deepens despite hopes for a rebound in spending since the new government took office. 2025.8.12
Young Koreans spending more time in 'emerging adulthood,' report says Young Koreans today are undergoing “emerging adulthood” longer than young Koreans in the past, according to a report announced by National Youth Policy Institute (NYPI) researcher Yoo Min-sang during a population strategy forum Wednesday. 2023.2.24
Yoon Suk-yeol nominates professor for Korea's next education minister President Yoon Suk-yeol nominated Lee Ju-ho, a professor at the Korea Development Institute School of Public Policy and Management and former education minister under the Lee Myung-bak administration, as the next education minister on Thursday. 2022.9.29
After pressure, heads of KDI, KLI offer their resignations The heads of the state-run Korea Development Institute (KDI) and Korea Labor Institute (KLI) offered to resign after the Yoon Suk-yeol government asked top officials appointed by the preceding administration to step down. 2022.7.7
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