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Economics

Displaying all content tagged with the theme Economics.
853 Posts located

Why is South Korea pilot-testing its Central Bank Digital Currency (CBDC), and what made it shift from non-issuance to consideration? This paper investigates the Bank of Korea (BOK)’s CBDC-related developments…

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Region: Asia

March 3, 2022

In this new article of KEI’s Korea’s Economy,  Dr. Bark Taeho (President of the Global Commerce Institute of Lee & Ko and Former Minister for Trade) notes that Korea has faced…

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Region: Asia

February 4, 2022

Digitalization could open a new era of growth for Korea. Previous expansion waves, based on traditional industries, have fostered export-led growth and placed Korea among the world’s top ten economies.…

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Region: Asia

After an initial surge in cases, Korea was less seriously affected by the COVID-19 virus than other countries, but the subsequent recovery was relatively mild. The negative effect was concentrated…

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Region: Asia

December 17, 2021

In this episode of Korean Kontext, guest host Kyle Ferrier, KEI's director of academic affairs and research, sits down with Korea Society President Tom Byrne. Before joining the Korea Society…

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Region: Asia
Topic: Security

April 13, 2017

Ever since Myanmar's political and economic opening several years ago, countries have been looking to get in on the ground floor to build ties with this emerging economy in Southeast…

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Region: Asia

April 10, 2017

For the first Korean Kontext podcast of 2017, five members of the KEI staff sat down with host Jenna Gibson for a chat about the volitility of 2016 and what…

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Region: Asia

January 9, 2017

Samsung's Galaxy Note 7 woes have hit a crescendo in recent weeks, with the company officially halting production and the Transportation Security Administration (TSA) officially banning the devices from all…

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Region: Asia
Topic: Security

October 24, 2016

MSCI, a New York-based international ratings provider, is soon to release its annual Market Classification Review. The findings will determine what next steps Korea needs to focus on to move from the index of emerging markets to that of a developed one. Once the latter occurs, it would allow Korea to be listed alongside other…

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Region: Asia

June 18, 2024

The semi-annual OECD Economic Outlook released in May projects that global GDP growth will remain around 3 percent in 2024 and 2025, shown below in Figure 1. The report’s outlook reflects the continued impact of tight monetary conditions. Nevertheless, the report cites several positive trends, such as falling inflation and improving private-sector confidence. With unemployment…

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Region: Asia

May 30, 2024

US-Korea Deal Flow Date American Company Korean Company Project Value Amount Location March 29 N/A Taihan Cable & Solution Power grid replacement deal $82 million Florida March 27 Google Cloud NCSOFT Partnership to apply AI and cloud computing to game development N/A N/A March 15 IGNEO, Korea Zinc subsidiary Korea Zinc, LG Chem Korea Zinc…

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April 22, 2024

In discussions of US-South Korea trade policy within American policy circles, a critical aspect often overlooked is the longstanding trade relationship between Korea and Latin America. This oversight misses a significant dimension of Korea's broader trade and foreign policy strategy, which increasingly sees Latin America not just as a market, but as a pivotal partner…

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Region: South America

March 19, 2024