Korea and Asian Markets Look to Enhance Trade in Currencies Other than the Dollar
In recent weeks some of Asia’s biggest economies, including Korea, have concluded a series of currency swap agreements to facilitate trade without U.S. dollars.
Overcoming North Korea to Build a Eurasian Economic Space
Achieving President Park’s vision for Eurasia will require developing a means of integrating North Korea into the broader regional framework and mitigating the risk of Pyongyang arbitrarily shutting down links between South Korea and the continent.
Securing Korea’s Energy Future
Korea recently hosted the 22nd annual World Energy Congress with a focus on securing tomorrow’s energy today, a key concept for an energy import dependent country.
Laying the Foundation for Innovation and Economic Growth in Korea and the United States
Korea and the United States both enjoy a number of competitive advantages – high innovation capabilities, educated and sophisticated workforces, and cutting-edge technologies in key areas, such as information, health care, and energy.
The Impact of Kaesong’s Suspension on Korean Companies & South Korea-India Economic Connections
The fear that North Korea’s suspension of activities at the Kaesong Industrial Complex would have broader implications began to materialize last week when Daewha Fuel Pump Industrial Ltd. announced it failed to deliver parts in time to its Indian customer. Other companies are beginning to publicize their setbacks as well.
Why North Korea Isn’t Interested in Economic Reform
By Troy Stangarone As often happens with North Korea, there have recently been suggestions that the regime may be interested in engaging in economic reforms….
One Year After the KORUS FTA
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.
South Korea’s Trade Balance Becoming More Extreme
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.
Korea and the Seesaw between U.S. and China’s Asia Policies
As new leadership settles takes hold in China and the United States, how will their respective foreign policies towards Asia impact countries like Korea?
Highlighted Trend – U.S. State-by-State Trade with Korea
According to data by the U.S. Census Bureau, in the last eight years Korea has consistently remained the U.S.’s 7th largest trading partner and is on track to remain so this year.