United States of America

Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s real gross domestic product (GDP)…

The Korea-U.S. Free Trade Agreement (KORUS FTA) and the Korea-European Union Free Trade Agreement (Korea-EU FTA) are the major FTAs for the Korean economy. Although both FTAs share many similarities,…

An old Korean proverb says that when two whales fight it is the shrimps whose backs are crushed. Maybe that proverb best describes Korea’s situation on the trade front these…

Science diplomacy refers to international scientifi c cooperation aimed simultaneously at advancing scientifi c knowledge and improving and strengthening broader relations between participating countries and groups. Science diplomacy has proved…

Every fall, the International Monetary Fund (IMF) hosts the world’s top economists, central bank officials, government bureaucrats, and civil society leaders in its Annual Meetings to discuss issues of key concern and calibrate a future outlook on the global economy. There were four main themes in this year’s meeting: moderating inflation, low growth, fiscal stress,…

From October 16 to October 17, 2024, the Korea Economic Institute of America (KEI) visited Columbia, South Carolina, as a part of its long-running Future of Korea program. The Columbia World Affairs Council hosted a delegation consisting of KEI President and CEO Scott Snyder, KEI Program Officer Andy Hong, Economic Officer Evan Fowler from the…

The Inflation Reduction Act (IRA) was signed into law on August 16, 2022. It is the most comprehensive climate law passed by the US government, committing over $400 billion to clean economy initiatives through a mix of tax credits and funding opportunities. The law has initiated a wave of green investment across the United States…

Donald Trump, his vice-presidential running mate J.D. Vance, and his prospective secretary of the Treasury Robert Lighthizer have all pointed to a weaker dollar as a solution to the competitiveness problems of US manufacturing. Their suggestions raise more questions than they answer, however. Is a weaker dollar, in fact, something that can be achieved? Would…

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.