Economics

In this special episode, Korean Kontext had the opportunity to speak to South Korean Minister for Trade, Bark Taeho, during his latest visit to Washington DC. KEI’s Vice President, Dr.…

By the time you read this, the KORUS FTA will have entered the implementation stage. To celebrate, Korean Kontext caught up with two of the main movers-and-shakers behind the deal…

In this episode, Korea Economic Institute’s Director of Communications Chad 0Carroll speaks with Scott Snyder of the Council on Foreign Relations. Having written a number of publications on U.S. relations…

This episode takes us directly into the office of Ambassador Han Duk-Soo, Ambassador of the Republic of Korea to the United States, who shares his thoughts on the much-anticipated G-20…

By Troy Stangarone The United States and Korea recently released year-end merchandise trade data. With the global economy slowing as China’s economy cools, many emerging markets saw growth slow or stall, while significant drops in oil prices proved more of a drag on economic growth than expected. As a result, both the United States and…

By Mark Tokola Make no mistake, South Korea’s shuttering of the Kaesong Industrial Complex (KIC) which it had operated just across the border in North Korea since 2004 is a big deal.  Far from being a commercial venture of marginal overall economic importance to the two countries, it has been a powerful symbol that no…

This year will see the election of a new U.S. president. As the primary season for both political parties begins to heat up with the Iowa Caucuses approaching, KEI has gathered comments by contenders for the Republican and Democratic presidential nominations on North and South Korea. Republican Candidates Jeb Bush February 18, 2015 - “America…

By Kyle Ferrier Reports that North Korea planned to attend the World Economic Forum (WEF) meeting for the first time since 1998 were understandably overshadowed by the regime’s fourth nuclear test, yet the two developments are intertwined. Byungjin, the simultaneous pursuit of economic growth and nuclear weapons, is a key aspect of Kim Jong-un’s leadership…

As disruptions in supply chains continue, what practical steps can the U.S. and Korea take to strengthen supply chains against future crises?