United States of America

What corresponding changes are being made to the Korea-U.S. economic and trade relationship? If, through the changes of the last decade, our trade relationship has evolved from one narrowly focused…

There may have been no one who anticipated the bankruptcy of Lehman Brothers, once one of the top five global investment banks. The shocking news reverberated through the Korean financial…

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…

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.