Can Korea’s semiconductor super-cycle help build an intergenerational fiscal contract?

Reading Time: 3 minutesKorea’s new semiconductor-fuelled age of plenty provides a window of opportunity to strengthen fiscal institutions and share fiscal burdens fairly between generations. by Jon Pareliussen, OECD Economics Department Korea is booming despite the fallout from the evolving conflict in the Middle East, as demand for advanced semiconductors is skyrocketing. Although this demand shock can potentially… Read More »Can Korea’s semiconductor super-cycle help build an intergenerational fiscal contract?