The KORUS FTA and the Debate Over Trade Promotion Authority
By Troy Stangarone In the ongoing debate over granting President Barack Obama Trade Promotion Authority (TPA), previously known as Fast Track, three Democratic members of...
Read MoreAnalysis and commentary on the U.S.-South Korea relationship and what Korea means for American interests. New posts several times a week.
By Troy Stangarone In the ongoing debate over granting President Barack Obama Trade Promotion Authority (TPA), previously known as Fast Track, three Democratic members of...
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Over the last five years, Korea’s economy has outperformed all the advanced economies in the G-20 with the exception of 2012, when the United States and Australia posted higher levels of GDP growth.
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Elected in 2012, President Park Geun-hye promised to rebalance the country’s economy by redistributing wealth through “economic democratization.”
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In the aftermath of last spring’s shutdown of the Kaesong Industrial Complex, the Park administration has sought international investment to serve as a bulwark against future actions by North Korea that would endanger Kaesong’s operations.
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Korea has consistently grown at rates comparable to BRIC countries such as Russia and Brazil in this new post-crisis era.
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South Korean President Park Geun-hye travelled to India this week for her first overseas trip in 2014.
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