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…

South Korea narrowly avoided a technical recession in the third quarter (Q3) of 2024 as GDP eked out a disappointing 0.1 percent gain from Q2, according to the Bank of Korea. The increase follows a small decrease in Q2 and a large upturn in Q1. The Q3 data corresponds to about a 0.4 percent gain…

Americans will soon elect a new presidential administration, which means potential changes for an array of US policies. In recent years, Washington has aligned its economic policies to coordinate with like-minded partners on supply chains and economic security, advanced technology development and safety, and decarbonization and clean economy standards. With a host of initiatives still…

Every fall, the International Monetary Fund (IMF) hosts the world’s top economists, central bank officials, government bureaucrats, and civil society leaders in its Annual Meetings to discuss issues of key concern and calibrate a future outlook on the global economy. There were four main themes in this year’s meeting: moderating inflation, low growth, fiscal stress,…

From October 16 to October 17, 2024, the Korea Economic Institute of America (KEI) visited Columbia, South Carolina, as a part of its long-running Future of Korea program. The Columbia World Affairs Council hosted a delegation consisting of KEI President and CEO Scott Snyder, KEI Program Officer Andy Hong, Economic Officer Evan Fowler from 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.