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Asia
This past year—2007—was another solid one for Korea’s economy. Buoyed by continued strong exports and a pickup in domestic demand, real GDP is estimated to have grown by nearly 5…
May 25, 2011
The year 2007 demonstrated more clearly than ever that external economic engagement provides a chance to help convince North Korea to abandon isolation and take specific actions toward denuclearization that…
May 25, 2011
On 30 June 2007, United States Trade Representative Susan C. Schwab and Republic of Korea Trade Minister Kim Hyun-chong signed the United States-Korea Free Trade Agreement (KORUS FTA), an encompassing…
May 25, 2011
As the first decade of the twenty-first century nears an end, distinct patterns are emerging in the global trading system. The Doha Development Round remains stalled and has begun to…
May 25, 2011
Despite being industrial powerhouses, Korea and Japan are both resource-poor nations with limited domestic sources of energy. Powering their economies required both to develop supply chains for fossil fuels, nuclear…
January 25, 2024
In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…
October 12, 2023
In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…
August 24, 2023
In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…
June 26, 2023
Upon his election, president-elect Yoon Suk-yeol vowed to turn South Korea into a leading digital economy befitting the era of Digital Earth. In addition to the physical relocation of the presidential office from the Blue House to the Ministry of National Defense in Yongsan, the upcoming Yoon administration is looking to transition into a “digital…
April 26, 2022
The widely publicized shortage of semiconductor chips – a remnant of the pandemic supply chain disruptions – faces new challenges from the ongoing Russia-Ukraine conflict. Eastern Europe is the largest supplier of industrial, rare gasses that are crucial to semiconductor production in South Korea. Conflict-caused supply disruptions open the door for other nations to fill…
April 22, 2022
Russia’s invasion of Ukraine is having a serious impact on the global economic recovery from the COVID-19 pandemic. After a 3.6% drop in 2020, world GDP rebounded with 6.1% growth in 2021 (Table 1), reflecting progress in controlling the coronavirus and exceptionally strong fiscal and monetary measures to offset the impact of the pandemic. In…
April 20, 2022
There is a long tradition of considering North Korean leaders’ public appearances as a potential source of information on the regime’s priorities (see for example: Haggard, Herman, and Ryu; Pyo and Hur; Kim and Lee). We now have ten full years of this data for Kim Jong-un through the South Korea Ministry of Unification portal,…