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Japan’s National Economic Security Strategy and Implications for Korea

Author

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  • Kim, Gyu-Pan

    (KOREA INSTITUTE FOR INTERNATIONAL ECONOMIC POLICY (KIEP))

Abstract

This paper defines the concept of economic security strategy as “acts that deviate from the rules of the market economy by using economic power as a source of power in the perception that the state or national economy is threatened.” The scope of Japan's economic security strategy is divided into five categories: first, economic statecraft; second, securing of safety and trust in “critical infra-structure”; third, reinforcement of supply chains in critical materials; fourth, public-private R&D cooperation of critical technologies; and fifthly, cooperation in strengthening global supply chains with “like-minded partners.”

Suggested Citation

  • Kim, Gyu-Pan, 2022. "Japan’s National Economic Security Strategy and Implications for Korea," World Economy Brief 22-9, Korea Institute for International Economic Policy.
    • Handle: RePEc:ris:kiepwe:2022_009
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    Keywords

    Japan; National Economic Security Strategy;

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