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…

As the United States and South Korea move forward in advancing joint technological and industrial development, Q3 2024 witnessed a number of pivotal partnerships and deals across a wide range of industries as well as a plethora of high-level dialogues. The following is a timeline of major US-Korea partnerships and deals along with significant meetings…

The International Longshoremen’s Association (ILA) ended an East and Gulf Coast strike—its first strike since 1977—on October 3. Determined to receive substantial pay raises for workers, one of the ILA’s main points of contention was the role that automation may play in the industry as part of the overall progress in AI. Had it not…

While Tuesday night’s presidential debate between Vice President Kamala Harris and former President Donald Trump affirmed what we already know about the candidates’ stances on economic policy, it also helped narrow down the key economic issues on the docket. From the outset, both candidates offered their own respective visions to stabilize economic unpredictability. The Harris…

South Korean media coverage surrounding the latest monthly trade data released by the government struck a positive tone regarding the overall trajectory of the Korean economy, which experienced a significant increase in semiconductor and automotive exports. Trade has an outsized role in the South Korean economy—total trade relative to South Korean GDP was approximately 90…