Economics

In this special episode, Korean Kontext had the opportunity to speak to South Korean Minister for Trade, Bark Taeho, during his latest visit to Washington DC. KEI’s Vice President, Dr.…

By the time you read this, the KORUS FTA will have entered the implementation stage. To celebrate, Korean Kontext caught up with two of the main movers-and-shakers behind the deal…

In this episode, Korea Economic Institute’s Director of Communications Chad 0Carroll speaks with Scott Snyder of the Council on Foreign Relations. Having written a number of publications on U.S. relations…

This episode takes us directly into the office of Ambassador Han Duk-Soo, Ambassador of the Republic of Korea to the United States, who shares his thoughts on the much-anticipated G-20…

The city of Chungju recently opened a hydrogen vehicle charging station that runs on food waste. This taps into South Korea’s elaborate food waste disposal system, which uses food scraps to feed livestock and generate biofuel. The charging station is one aspect of the country’s Hydrogen Roadmap. Launched in 2019, it sees the transition to…

On February 22, 2022, the Korea Fair Trade Commission (KFTC) conditionally approved the merger of the two largest air carriers in South Korea—Korean Air and Asiana Airlines. This approval comes nearly a year and a half since Korean Air’s announcement that it would buy a nearly 64% stake in its sole major domestic competitor for…

Labor market dualism – the segmentation between regular and non-regular workers -- is deeply entrenched in Korea’s labor market. Regular workers receive higher wages and social insurance coverage and a high degree of job security, while non-regular workers receive lower wages, are less likely to be covered by social insurance and work in precarious jobs.…

The New Southern Policy (NSP) is considered one of President Moon Jae-in’s signature foreign policies, along with the New Northern Policy (NNP). It was implemented in November 2017 shortly following his inauguration to foster stronger diplomatic and economic ties with Southeast Asia and India,[1] and consequently bolster South Korea’s independence in leading its foreign relations.…

As disruptions in supply chains continue, what practical steps can the U.S. and Korea take to strengthen supply chains against future crises?