pb23-11_0印太框架下韩国面临的机遇与风险.pdf

POLICY BRIEF 23-11 Korea faces opportunities as well as risks under the Indo-Pacific Economic Framework Jeffrey J. Schott and Megan Hogan July 2023 Note: PIIE gratefully acknowledges funding from the Ministry of Economy and Finance, the Republic of Korea, for the research presented in this Policy Brief. The research was conducted independently. Funders are never given the right to final review of a publication before its release. INTRODUCTION The Indo-Pacific Economic Framework for Prosperity (IPEF), launched by the United Jeffrey J. Schott is senior fellow and Megan Hogan States in May 2022, seeks to promote investment, trade, supply chain resilience, is Eranda Rothschild climate change mitigation, and other goals to achieve sustainable and equitable Foundation Junior growth among the 14 participating countries. Unlike traditional trade pacts, which Fellow at the Peterson Institute for International seek to open new market access opportunities by lowering import barriers, IPEF Economics (PIIE). seeks to promote common rules on labor, the environment, and digital trade and to share information to help participants develop joint approaches to countering economic coercion by third countries and managing supply chain disruptions. The initiative—designed and led by the United States—has four pillars, covering trade, supply chain resilience, clean economy, and fair economy practices, such as anticorruption and countering financial crimes. IPEF architects hail their innovative approach to