The performance of private credit funds hinges on the debt-service capacity of the middle-market firms held in their portfolios. Yet even as rising interest rates have sh...

In December 2024, Korea entered a super-aged society, with the share of the population aged 65 and over exceeding 20 percent. As the country moves decisively into an era of a demographic onus characterized b...

The Korean economy is facing structural challenges characterized by a slowdown in total factor productivity (TFP) growth and a persistent decline in its potential growth rate. As population aging deepens and the marginal productivity of capital decli...