Korea Capital Market Institute

Digital Financial Literacy in Korea [Research Fellow] Jung, Soomin 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 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...