Korea Capital Market Institute

Digital Financial Literacy in Korea [Research Fellow] Jung, Soomin / Jan. 20, 2026 Digital financial services have become the primary channel for financial transactions, rendering the enhancement of digital financial literacy an essential task rather than a matter of choice. However, evidence from a 2025 survey shows that the average digital financial literacy score of Korean adults is 59.3—substantially below the OECD target benchmark of 70—with only 28.2% o... The Rise of Intangibles and the Decline in Allocative Efficiency [Research Fellow] Jung, Heechul / Jan. 20, 2026 This article examines the slowdown in total factor productivity growth and the decline in potential growth in the Korean economy through the lens of resource allocation efficiency. Despite the growing importance of intangibles for corporate competitiveness, intangible-intensive firms are likely to face structural financing constraints stemming from limited collateral and inform... Korea’s Achievement of KOSPI 4,000 and Its Implications [Senior Research Fellow] Kang, Sohyun / Jan. 06, 2026 In the second half of 2025, the Korean stock market surged at an exceptionally rapid pace, with the KOSPI breaking through the 4,000 mark. This development is being viewed as both a symbolic and substantive milestone, suggesting that the domestic market—long burdened by the so-called “Korea discount”—has entered a phase of structural transformation. However, it is also evident ... Assessing the Drivers of Recent Won Depreciation and Its Macroeconomic Implications [Senior Research Fellow] Kang, Hyunju / Jan. 06, 2026 The recent rise in the KRW/USD exchange rate is assessed to reflect a combination of structural factors—such as increased overseas securities investment driven by ageing and slower growth—and cyclical factors, including co-movement with the Japanese yen and the AI investment boom. Nevertheless, external soundness appears broadly solid, given the expansion of net foreign assets,... Corporate Governance Report Disclosure in Korea and Policy Implications [Research Fellow] Lim, Nayeon / Dec. 23, 2025 Korea introduced corporate governance report disclosure in 2017 in the form of voluntary disclosure. Since then, beginning in 2019, mandatory disclosure has been phased in for KOSPI-listed companies according to their asset size, and starting in 2026, the requirement will expand to all companies listed on the KOSPI market. Currently, companies disclose whether they comply with ...