United States of America

Globalization is a hallmark of the twenty first-century world. As transportation and telecommunications grow in both efficiency and level of performance and as the ambit of the Internet expands, it…

After the U.S.-Korea Free Trade Agreement (KORUS FTA) is approved by the legislatures of Korea and the United States, it will likely provide a turning point for the countries’ bilateral…

The automobile industry is a dynamic and significant sec-tor in most of the major economies in the world. It is closely related to various other manufacturing sectors such as rubber,…

During the past few years, the United States has begun three important initiatives that alter its defense commitment to South Korea (Republic of Korea [ROK]). First, Washington started to decrease…

While Tuesday night’s presidential debate between Vice President Kamala Harris and former President Donald Trump affirmed what we already know about the candidates’ stances on economic policy, it also helped narrow down the key economic issues on the docket. From the outset, both candidates offered their own respective visions to stabilize economic unpredictability. The Harris…

US policymakers are concerned about the competition that Chinese electric vehicles (EVs) may pose in the US and global economy. This concern is heightened by the rapid rise of Chinese EV manufacturers like BYD. EVs, which encompass battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and fuel cell electric vehicles (FCEVs), are claiming an…

The high computing power needed for artificial intelligence (AI) applications is causing increased demand on memory systems used in graphics processing units (GPUs) and data centers. Meeting this demand will require innovative memory solutions. One such innovation, known as high-bandwidth memory (HBM) forms a core element of the race for AI technology and its demand…

On June 20, 2024, Hanwha Ocean made a $100 million bid to buy Philly Shipyard in South Philadelphia from its Norwegian owner, Anker ASA. While the deal is yet to receive final regulatory approval, it was nevertheless met with praise from the chair of Philly Shipyard ASA and Secretary of the Navy Carlos Del Toro.…

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.