Korea, South

In May 2016, Park Geun Hye became the first South Korean president to visit the African Union headquarters in Ethiopia. This trip, which also included stops in Uganda and Kenya,…

This week, we have a very special guest who flew in from Paris to talk about Korea's economy. Dr. Randall Jones is head of the Japan/Korea Desk at the Organization…

As Seoul has grown, it has become more and more international. The city has been making an effort to attract more foreign visitors, whether as tourists, students or workers. This…

Over the last 50 years, Myanmar has oscillated between periods of friendship with South Korea and partnership with North Korea. As Myanmar opens to the international community, however, investment and…

On June 20, 2022, the Korean Intellectual Property Office (KIPO) began recruiting Small and Medium Enterprises (SMEs) for a new program designed to bolster SMEs’ preparation against international patent disputes. This reflected Korea’s recognition of SMEs as a leader in the country’s technological advancement. According to the KIPO, the total number of patent applications in…

As of June, South Korea’s gasoline prices increased 31% from last year. The country’s complete dependence on imports means that it is not only extremely sensitive to global shocks in supply but also shifts in the South Korean won’s (KRW) exchange rate. Foremost, Russia’s invasion of Ukraine negatively affected the global supply of energy. Russian…

South Korea, Japan, and the United States have pledged to deepen security cooperation in response to growing threats from North Korea. On June 11, the nations convened at a Trilateral Ministerial Meeting and issued a joint statement condemning North Korea’s provocative posture and reaffirming their commitment to nuclear non-proliferation. But this trilateral alignment repeats the…

The OECD Economic Outlook, released on June 8th, projected that real GDP growth in OECD countries would drop by half from 5.5% in 2021 to 2.7% in 2022. The new projection is a sharp reduction from its December 2021 Outlook, which projected growth of 4.5% growth this year. With inflation expected to rise from 3.7%…

Please join KEI and KIEP for a discussion about the first 10 years of KORUS and the future of the U.S.-Korea economic relationship.