Economics

This article was published on The Korea Times on August 16, 2023. For much of the past year there has been a focus on how the CHIPS and Science Act…

This article was published in The Korea Times on June 14, 2023. The decision by the Cyberspace Administration of China to ban Micron Technology’s semiconductors in Chinese infrastructure has put…

This briefing comes from Korea View, a weekly newsletter published by the Korea Economic Institute. Korea View aims to cover developments that reveal trends on the Korean Peninsula but receive little attention in the United States. If you would like to sign up, please find the online form here What Happened The South Korean government is planning to ratify three additional…

By Kyle Ferrier David Malpass, President Donald Trump’s nominee to replace the recently-resigned Jim Kim as head of the World Bank, pledged last week to provide development assistance to North Korea if the country commits to denuclearization. But, the extent to which he can make good on his promise depends entirely on Kim Jong-un's confidence…

By Troy Stangarone In short, 2018 was the year of summits. After essentially being ostracized for his entire reign, Kim Jong-un became the first North Korean leader to meet with a sitting U.S. president while also meeting with Chinese President Xi Jinping and South Korean President Moon Jae-in on multiple occasions. While the summits drew…

By Phil Eskeland Last Friday, an appellate body with the World Trade Organization (WTO) authorized South Korea to levy $85 million in tariffs on U.S. products as compensation for the improper way the U.S. calculated higher import duties on Korean-made large residential washing machines. While the sanctioned indemnity is not as large as Korea initially…