Economics Archives - Korea Economic Institute of America

Publication

Global Financial Crisis and the Korean Economy: Issues and Perspectives

The year 2008 will be recorded in world history as a year in which the global capitalist system was threatened as a consequence of the U.S.-originated financial turmoil that began…

May 25, 2011

Korea's Near-Term Economic Prospects and Challenges

Following several years of strong expansion, the Korean economy began losing momentum in the second half of 2008 in the wake of the stress engulfing the global financial system. Although…

May 25, 2011

Subir Lall, Leif Lybecker Eskesen

North Korea and International Financial Organizations: Political and Economic Barriers to Cooperation

North Korea’s economy has been on the verge of collapse since the beginning of the second nuclear crisis in 2002 because of the international community’s growing sanctions and pressure. The…

May 25, 2011

Tax Reform in Korea

The tax burden in Korea—at 26 percent of gross domestic product (GDP) —was well below the average of the member countries of the Organization for Economic Cooperation and Development (OECD)…

May 25, 2011

Podcasts

South Korea’s Role in the Chang Mai Initiative and Regional Economic Integration

In 2010, a group of Asian countries made major strides toward economic integration with the launch of the Chang Mai Initiative Multilateralization. This currency swap arrangement has had a major…

April 21, 2016

A Look at the North Korean Economy with Dr. Stephan Haggard

This week our guest is noted scholar and North Korea watcher Dr. Stephan Haggard. Dr. Haggard is a Professor of Korea-Pacific Studies and director of the Korea-Pacific Program at the…

April 8, 2016

Overlap and Divergence in American and European Approaches to the Korean Peninsula

At KEI, we mainly focus on the relationship between the United States and South Korea, and their approaches toward North Korea. This week, we're taking a different look at the…

March 30, 2016

Follow the Money: The Cat and Mouse Game to Cut off North Korea’s Nuclear Program

Last week, we looked at the details of the new US and UN sanctions against North Korea, delving into the new measures to get at Pyongyang's funding. But will they…

March 11, 2016

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By Troy Stangarone The anniversary of China’s formal entry in to the WTO ten years ago this week comes as a mixed blessing for many of its trading partners. China’s entry into the WTO brought the world’s most populous nation into the rules based trading system that is the WTO and created new economic opportunities…

December 16, 2011

Troy Stangarone

Korea Crosses the $1 Trillion Threshold in Trade

By Troy Stangarone For the first time this year, Korea has surpassed the $1 trillion mark in annual trade volume, making it just one of nine nations to do so. This milestone comes after years of intensive export lead growth that have transformed Korea from one of the poorest nations in the world into a…

December 14, 2011

Troy Stangarone

Kaesong Picking Back Up

By Troy Stangarone Despite the financial crisis of 2008, the global downturn that followed in 2009, and a year of tension between North and South Korea, the Kaesong Industrial Complex has been remarkably resilient. New numbers from the Ministry of Unification show that production at the complex was up 38 percent in September from a…

November 18, 2011

Troy Stangarone

The Seoul G-20 One Year On

By Troy Stangarone When scholars and historians look back on the Seoul G-20, it is likely to be seen as a brief interregnum between crises rather than the first post-crisis summit that many world leaders had hoped it would be at the time. Since the Seoul Summit last November, the world has faced growing concerns…