Korea Has Made Progress in the Fight Against Corruption
Korea ranks close to the average of OECD countries in the 2023 Corruption Perception Index that was announced at the end of January.
What Happened: Q4 2023
What happened in U.S.-Korea trade and investment in the fourth quarter of 2023?
Korea Exported More Goods to the United States Than China in December—Does This Signal a New Trend for Trade?
For a twenty-year period, China had been the top export destination for Korean goods. Not so in December 2023.
Navigating Korea’s Changing Trade Shifts with the United States and China
Recent development highlights the impact of a combination of external factors on a trade-dependent economy like South Korea.
2023 in Review: Korea and the Inflation Reduction Act
The Inflation Reduction Act (IRA) had been the source of significant uncertainty for Korean Electric Vehicle (EV) makers and their suppliers.
2023 in Review: South Korea’s Indo-Pacific Strategy
Korea has strived to bolster its image as a “global pivotal state” in both mending and fortifying relations with like-minded nations.
2023 in Review: The Deepening of Trilateral Cooperation
The intensity, level, and sweep of trilateral cooperation we have seen in the past year has gone beyond any previous efforts.
2023 in Review: Navigating the Complex Waves of Korea-Japan Relations
While progress has been made in easing the tension between Seoul and Tōkyō, perennial historical issues will be challenges in the new year.
Korea’s Economic Growth is Projected to Accelerate Following the Slowdown in 2023
Korea’s real GDP growth will rebound to more than 2 percent in 2024 and 2025, according to the OECD’s bi-annual economic projections.
What the New IRA Guidance Means for Korean EV Suppliers
The latest guidance for EV makers doubles down on National Security Advisor Jake Sullivan’s U.S. vision for a “small yard, high fence.”