United States of America

Korea’s economy in 2008 was adversely impacted by high commodity prices, especially oil, and by financial and real shocks started by the collapse of housing prices in the United States…

On 30 June 2007, United States Trade Representative Susan C. Schwab and Republic of Korea Trade Minister Kim Hyun-chong signed the United States-Korea Free Trade Agreement (KORUS FTA), an encompassing…

The year 2007 displayed remarkable progress in Korea-U.S. economic relations on many different levels. At the global level, our two countries have worked closely together to meet international challenges. For…

The United States and Korea finished the eighth round of negotiations for a bilateral free trade agreement (FTA) in mid-March 2007, and the agreement is likely to be concluded eventually.1…

Americans will soon elect a new presidential administration, which means potential changes for an array of US policies. In recent years, Washington has aligned its economic policies to coordinate with like-minded partners on supply chains and economic security, advanced technology development and safety, and decarbonization and clean economy standards. With a host of initiatives still…

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…

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.