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…

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.…

America’s leadership and competitiveness in the 21st century will demand a revival of certain sectors in its storied industrial base. With escalating naval buildups in the Indo-Pacific region and intensifying bottlenecks in global trade, shipbuilding is one such key sector that should help to maintain the United States’ economic and security edge. Once considered the…

President Trump announced Ohio Senator J. D. Vance as his running mate last week ahead of the Republican National Convention. This gives a clearer direction to what his second administration’s economic policies may look like, while also imparting a greater weight to the effects it would have on Vance’s heartland base. The first Trump administration…

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.