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Wed, December 12, 2018 | 23:08

Economy > Economic Essay Contest >

Essay awardees promote ideas on Korea's growth, cryptocurrencies

College students who wrote award-winning English economic essays suggested fresh ideas in their writing about whether Korea should regulate cryptocurrencies, and ways for the country to spur economic growth.

Economic Essay Contest | 2018-11-15 17:23

[Grand Prize] Cryptocurrencies walking regulatory tightrope

Before plummeting in value, cryptocurrencies were collectively worth over $800 billion, nearly doubling the value of Samsung Group. While the bubble has since burst, cryptocurrencies are still regarded as being pivotal to the Fourth Industrial Revolution. Prior to their sudden rise, cryptocurrencies started out as secure digital currencies untethered to financial institutions...

Economic Essay Contest | 2018-11-14 16:50

[Commendation Award] Government should let markets regulate digital currencies

A few years ago, such terms were unbeknownst to the Korean public. Now, they have become a household name.

Economic Essay Contest | 2018-11-14 11:27

[Grand Prize] Cryptocurrencies walking regulatory tightrope

[Commendation Award] Korea should foster more innovative services industry

In the last half-century, South Korea has undoubtedly served as a model for developing countries, with commendable economic growth enabling it to become the 11st largest economy in the world with a nominal GDP of $1.54 trillion.

Economic Essay Contest | 2018-11-14 11:23

[Grand Prize] Cryptocurrencies walking regulatory tightrope

[Grand Prize] Korea urged to better utilize human resources

South Korea's rise from the traumatic experience of the Korean War to its current position as the 11th largest global economy was due to careful planning, bold leadership, risk taking entrepreneurs supported by the state, and resilient, hardworking workers.

Economic Essay Contest | 2018-11-14 11:19

[Grand Prize] Cryptocurrencies walking regulatory tightrope

[Commendation Award] Integrity of cconomy: cryptocurrency regulation

The rise of cryptocurrency in the past decade is more than simply a technological feat; it is a real-world incarnation of an experimental monetary system. As with any unprecedented innovation, the technology's bounds have yet to be measured. Hence, it seems imperative that a governing body implements some regulatory measures to maintain the integrity of the nation and its eco...

Economic Essay Contest | 2018-11-14 11:18

[Grand Prize] Cryptocurrencies walking regulatory tightrope

[Runner-up Prize] Can digital coins be regulated?

This was the calm before the mud fight.

Economic Essay Contest | 2018-11-14 11:17

[Grand Prize] Cryptocurrencies walking regulatory tightrope

[Runner-up Prize] Can Korea repeat Miracle on the Han River?

Korea has achieved an economic miracle over the last generation. However, recent hardships have caused the Korean economy to stall. Wages in Korea have been stagnant, the population is aging, and entrenched corruption among chaebol have been some of the many reasons causing the economy to underperform.

Economic Essay Contest | 2018-11-14 11:06

[Grand Prize] Cryptocurrencies walking regulatory tightrope

Essay awardees propose fresh ideas for 4th Industrial Revolution

College writers of award-winning English economic essays suggested fresh ideas in their writing about Korea’s preparation for the Fourth Industrial Revolution and for the economic success of the upcoming 2018 PyeongChang Winter Olympic Games. On Monday, The Korea Times held an awards event for the 13th English Economic Essay Contest, sponsored by Woori Bank.

Economic Essay Contest | 2017-11-14 17:45

2017 Economic Essay Contest for University Students

Economic Essay Contest | 2017-07-18 14:50

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