Asia

Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s real gross domestic product (GDP)…

Korea is in the midst of the most rapid demographic transition of any member country of the Organization for Economic Cooperation and Development (OECD); the share of Korea’s population older…

There are few areas about which there is a greater range of opinions among international monetary experts than the issue of exchange rate regimes. Eminent economists can be found who…

In 2005, the Korean government implemented a number of new financial policies. Of those, two policy measures deserve special attention because of their potentially significant impact on domestic financial markets.…

In this episode we speak with Doug Goudie, Director of International Trade Policy at the National Association of Manufacturers (NAM). Mr. Goudie draws from his experiences to share his perspective…

In this episode we hear from Tami Overby, Vice President for Asia at the U.S. Chamber of Commerce and former President of the American Chamber of Commerce in Korea. Ms.…

Now in its tenth year, KEI’s Opinion Leaders Seminar (OLS) is an annual gathering of some of the world’s foremost policymakers and scholars on the U.S.-South Korean alliance. In this…

An exclusive interview with Dr. Alon Levkowitz, author of the most recent edition of the Korea Economic Institute’s Academic Paper Series. His paper, titled “The Republic of Korea and the…

By Jinho Park While North Korea ratchets up the tension in Northeast Asia, Kim Jong-un made the bold—though not surprising—decision of withdrawing all North Korean workers from the Kaesong Industrial Complex. Recently, South Korea and the United States together have called for a dialogue with North Korea. North Korea has dismissed the offer by denouncing…

The U.S.-Korea Free Trade Agreement, or KORUS FTA, has now been in effect for one year and, as with any agreement, it is natural to reflect on what the FTA has achieved. As the largest U.S. FTA in more than two decades, and one of the few with a major developed economy, the KORUS FTA…

This week’s Highlighted Trend features the visualization of a dramatic trend occurring in South Korea’s balance of trade with its partners over the last thirty years. KITA data reveals that over time, South Korea is undergoing an increasing level of trade polarization (i.e. greater degrees of trade imbalances) vis- à-vis its trading partners.  China and…

By Nicholas Hamisevicz Last week former NBA player Dennis Rodman, along with three members of the Harlem Globetrotters and Vice Media, traveled to North Korea to play and promote basketball as well as hang out with the new North Korean leader Kim Jong Un. On Sunday, Dennis Rodman talked about his trip with George Stephanopoulos…