The constant clashes between the ruling and the rising powers show that they are in for a war over hegemony in the 21st century global order. Their fiercest battleground is advanced and strategic technology as the one who gains control over it will wield significant influence over economic development and national security going forward. Moreover, the contest has led to the building of value-based alliances and interest blocs, setting off fundamental restructuring within the global supply chains.
Meanwhile, even in the midst of the pandemonium caused by the rivalry, industries around the world are on the cusp of a great transformation. Climate change is threatening everyday lives of the people, demanding for cuts in emissions across the entire industrial value chains while a digital transition is giving birth to new industries and technology through convergences and integrations.
Against this shifting economic paradigm, countries are dusting off their industrial strategy they once considered depleted of its use. What, then, is the right industrial strategy for Korea to overcome the pending challenges and rise to the next level? At this critical juncture in history, the session seeks to explore answers for Korea with a panel of globally renowned experts and professionals.
- Discussion on how the US-China conflict has affected the global economy
- Discussion on the future of US-China relations
- Discussion on the reason of industrial policy’s comeback
- Discussion on new industrial policy for the Korean economy