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The Peninsula

The Peninsula blog is a project of the Korea Economic Institute. It is designed to provide a wide ranging forum for discussion of the foreign policy, economic, and social issues that impact the Korean peninsula.

Displaying posts with the theme economics

Korea-Latin America Partnership: A Keystone in the Architecture of Global Trade and Security

Korea's trade and foreign policy strategy increasingly sees Latin America as a pivotal partner in the Indo-Pacific geoeconomic framework.

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10 Issues to Watch for on the Korean Peninsula in 2024

Clint Work
January 30, 2024
South Korea’s rapprochement with Japan and North Korea’s embrace of Russia significantly shaped events on the Korean Peninsula in 2023. Both promise to have a substantial impact on events in…

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What Happened: Q4 2023

Tom Ramage
January 24, 2024
What happened in U.S.-Korea trade and investment in the fourth quarter of 2023?

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2023 in Review: North Korea Slowly Begins to Reopen to the World

Troy Stangarone
December 26, 2023
Some North Korean pandemic restrictions continue to remain in place despite the rest of the world having returned to normal.

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2023 in Review: Korea and the Inflation Reduction Act

Tom Ramage
December 22, 2023
The Inflation Reduction Act (IRA) had been the source of significant uncertainty for Korean Electric Vehicle (EV) makers and their suppliers.

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Korea’s Economic Growth is Projected to Accelerate Following the Slowdown in 2023

Randall S. Jones
December 11, 2023
Korea’s real GDP growth will rebound to more than 2 percent in 2024 and 2025, according to the OECD's bi-annual economic projections.

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What the New IRA Guidance Means for Korean EV Suppliers

Tom Ramage
December 6, 2023
The latest guidance for EV makers doubles down on National Security Advisor Jake Sullivan’s U.S. vision for a “small yard, high fence.”

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Increasing Korea’s Potential Growth Rate

Randall S. Jones
November 6, 2023
Korea needs to utilize its strengths to strengthen lagging sectors and reduce the polarization in the Korean economy.

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