Tide Turning for Korea’s Auto Imports?
Anyone who has spent time in the bustling streets of Seoul is familiar with the scene: commuters crowding into Daewoo buses, while salary men hurry…
Eyes on the Prize: Second North-South Summit Announced, Postponed Due to DPRK Floods
As bodies of North Korean dead floated across the demilitarized zone into the South after massive flooding swept through the DPRK, North Korea requested a…
U.S. International Trade Commission Finds FTA Would Substantially Affect U.S.-Korea Trade and Investment, Korea Pushes Ahead
On September 20, the U.S. International Trade Commission (ITC) released its report on the KORUS FTA. The ITC study is a required analysis under Trade…
Ambassadors’ Double Header Hits The Road: Six Cities in Eight Days
KEI recently completed its sixteenth annual Ambassadors’ Dialogue program (previously called the Korea Caravan), featuring Lee Tae-sik, the Republic of Korea’s Ambassador to the United…
Brain Drain: Korea Exports Human Capital
Human capital is the most important form of wealth in a knowledge-based economy. The success of a nation in today’s economy depends significantly upon how…
Rulings, New Agreements, and Advisory Committee Assessments Alter the Course for the KORUS FTA
May brought several significant developments for the KORUS FTA. On May 10, the Bush Administration and Congress announced an agreement on a new trade policy,…
Korea’s Real Estate Market: Are We Overreacting to Skyrocketing Property Prices?
The most popular conversation topic in Korea these days is not North Korea’s nuclear program or the KORUS FTA, but the skyrocketing real estate prices….
Korea’s Economy: Decent Short-run Outlook but Long-run Challenges
Real growth in 2006, at 5 percent, did not fully measure up to the more optimistic forecasts of a year ago but did represent a…
Six Party Talks Resume, No Progress Reported
83/751. At press time, 83 days have passed since North Korea tested a nuclear device on October 9, 2006 and 751 days remain in the…
Taking a Larger Role in International Affairs: Korea’s Growing Efforts in Peacekeeping Missions and Development Aid
In 1996, Korea joined the Organization for Economic Cooperation and Development (OECD), marking Korea's rise into the ranks of the developed world. Only twenty years…