Korea's Economy
From the Issue
Korea's Economy Volume 30About Korea's Economy
Korea’s Economy is KEI’s annual journal publication dedicated to the key issues of the day for the Korean economy. Articles in Korea’s Economy are designed to give the casual, but informed reader insight into issues related to Korea’s markets and financial institutions, economic reform, economic relations with the wider world, and North Korea. It is published jointly each year with the Korea Institute for International Economic Policy.
Last year was a special year for Korea and Italy as it marked the 130th anniversary of the Korean-Italian diplomatic relationship. Today, Korea and Italy share similar economic features including competitiveness and global companies. Their relationship has grown in the last few decades with the bilateral volume of trade between Italy and Korea exceeding $1 billion in 1987 and expanding to $8.5 billion in 2013. However, despite the growth in bilateral trade there is still room for the economic relationship to expand as the performance of investments between Korea and Italy have not been as strong as their economic size and trade volume would indicate.