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…

By Kyle Ferrier Last Friday the Bank of Korea (BOK) Monetary Policy Board held interest rates at 1.5% to top off a busy month that saw a decline in exports and a fluctuating won. The BOK decision to uphold its benchmark interest rate – the seven day repurchase rate – at record low levels is…

By Troy Stangarone South Korea saw the largest drop in exports since the global recession in 2009 in August with exports falling 14.7 percent year-on-year. One sited cause of the decline is slowing economic growth in China, which now accounts for about 25 percent of South Korea’s exports. With China now South Korea’s most significant…

By Linda Butcher How can we move forward with a Korea-India-U.S. trilateral dialogue? Yesterday, the Korea Economic Institute of America (KEI) held a program with top experts to discuss just that. Ambassador Kathleen Stephens who served as U.S. Ambassador to the Republic of Korea and U.S. Chargé d'Affaires in India, is optimistic, stating that the…

By Nicholas Hamisevicz This week KEI is hosting an event examining India and Korea as increasingly important countries in a rising Asia. Even though much attention has been placed on China this month as some world leaders recently visited Beijing for its military parade celebrating the end of World War II and with Xi Jinping’s upcoming…

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.