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…

This briefing comes from Korea View, a weekly newsletter published by the Korea Economic Institute. Korea View aims to cover developments that reveal trends on the Korean Peninsula but receive little attention in the United States. If you would like to sign up, please find the online form here What Happened The Ministry of Land, Infrastructure, and Transportation…

By Yeaji Nam South Koreans are suffering from record-setting air pollution. Among the OECD member countries, South Korea recorded the second highest ultra-fine dust levels in 2018. In addition, Seoul was ranked first on poor air quality among the major capital cities around the world. This level of air pollution is a major threat to…

By Phil Eskeland The U.S. Department of Commerce released its monthly trade data for January, which encompassed 4th Quarter 2018 statistics on trade in services with 15 individual countries, including South Korea.  Once again, the U.S. maintained its bilateral trade surplus in services with Korea because of yet another record-level of U.S. service exports to…

By Haram Chung The World Trade Organization (WTO) authorized South Korea to levy $85 million in tariffs on U.S. products as compensation for the improper way the U.S. calculated higher anti-dumping duties on Korean-made large residential washing machines. Apart from this, however, there was a controversy over the U.S.'s safeguard, which imposed another tariff on…

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.