Korea's Economy
From the Issue
Korea's Economy Volume 23About Korea's Economy
Korea’s Economy is KEI’s annual journal publication dedicated to the key issues of the day for the Korean economy. Articles in Korea’s Economy are designed to give the casual, but informed reader insight into issues related to Korea’s markets and financial institutions, economic reform, economic relations with the wider world, and North Korea. It is published jointly each year with the Korea Institute for International Economic Policy.
The United States and Korea finished the eighth round of negotiations for a bilateral free trade agreement (FTA) in mid-March 2007, and the agreement is likely to be concluded eventually.1 If the FTA is implemented, Korea will be able to join the global trend toward regionalism, and Korea will not be one of the countries coming late to regionalism. Also, the FTA will improve the relationship between the United States and Korea and lead to closer economic cooperation.