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…

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.…

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…

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.