Korea, South

  With the recent retirement by Yi So-yeon, South Korea’s remaining astronaut, many have turned attention to Korea, wondering whether there is a future for its space program. According to Daniel Pinkston of the…

    In this episode, we talk with Dr. Yiagadeesen Samy of Carleton University on income inequality in South Korea and its affect on Korea’s economy. Dr. Samy is an economist…

      President Obama wasn’t the only leader who had to make important visits to multiple Asian countries this past April. Australia’s Prime Minister, Tony Abbott, had to make an important…

  The Francis Effect is everywhere. Time Magazine named Pope Francis their 2013 Person of the Year, another magazine dedicated specifically to covering Pope Francis has been started in Italy,…

Following a new report on record-low new cases on April 18, the government lifted most coronavirus-related restrictions such as social distancing and curfews that limited business hours. Small business owners welcomed the government’s decision, hoping to recover from the losses incurred in the past two years. While the South Korean government’s restrictive public health measures…

As the number of single-person households grow in South Korea, new health challenges associated are emerging as businesses fall short of accommodating this societal change. Although many young Koreans claim that they are happy on their own, a recent study revealed that single-person households have a lower quality of life. In addition to mental health…

The widely publicized shortage of semiconductor chips – a remnant of the pandemic supply chain disruptions – faces new challenges from the ongoing Russia-Ukraine conflict. Eastern Europe is the largest supplier of industrial, rare gasses that are crucial to semiconductor production in South Korea. Conflict-caused supply disruptions open the door for other nations to fill…

Russia’s invasion of Ukraine is having a serious impact on the global economic recovery from the COVID-19 pandemic. After a 3.6% drop in 2020, world GDP rebounded with 6.1% growth in 2021 (Table 1), reflecting progress in controlling the coronavirus and exceptionally strong fiscal and monetary measures to offset the impact of the pandemic. In…

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.