1750MassachusettsAvenue,NWWashington,DC20036-1903USA+1.202.328.9000www.piie.comPOLICYBRIEFJeffreyJ.SchottisseniorfellowandMeganHoganisErandaRothschildFoundationJuniorFellowatthePetersonInstituteforInternationalEconomics(PIIE).23-11KoreafacesopportunitiesaswellasrisksundertheIndo-PacificEconomicFrameworkJeffreyJ.SchottandMeganHoganJuly2023Note:PIIEgratefullyacknowledgesfundingfromtheMinistryofEconomyandFinance,theRepublicofKorea,fortheresearchpresentedinthisPolicyBrief.Theresearchwasconductedindependently.Fundersarenevergiventherighttofinalreviewofapublicationbeforeitsrelease.INTRODUCTIONTheIndo-PacificEconomicFrameworkforProsperity(IPEF),launchedbytheUnit...
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