"The Primary Cause of the High Exchange Rate Is the Korea–U.S. Tariff Negotiations… The Rate Could Exceed 1,500 Won This Year"
- #국민연금법
[Feature | How Did We Get Here… The Era of High Exchange Rates as the New Normal] Professor Seok Byung-hoon, Department of Economics, Ewha Womans University
● Tariff negotiations stimulate the U.S. economy while reducing Korea's growth
● The root causes: a "high rate of monetary expansion" and a "low rate of economic growth"
● Rising global uncertainty… growing possibility that the exchange rate will exceed 1,500 won↑
● Will corporations that must invest in the United States release their dollars?
● How to lower the exchange rate? ①Raise productivity ②Expand capital input ③Deregulation
● Flexible application of the 52-hour workweek, corporate tax cuts, elimination of AI regulations…
● Individuals should diversify their portfolios; domestic firms should secure raw materials early
● The role of the state is more critical than ever — reforms must be pursued without wavering
