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Economics

Displaying all content tagged with the theme Economics.
853 Posts located

There may have been no one who anticipated the bankruptcy of Lehman Brothers, once one of the top five global investment banks. The shocking news reverberated through the Korean financial…

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Region: Asia

May 25, 2011

Korea’s economy in 2008 was adversely impacted by high commodity prices, especially oil, and by financial and real shocks started by the collapse of housing prices in the United States…

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Region: Asia

May 25, 2011

The twenty-first century has already been dubbed the Asian century. Although this nomination may be premature, it is certain that its fi rst decade belongs to Asia. This is reflected…

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Region: Asia

May 25, 2011

The year 2007 demonstrated more clearly than ever that external economic engagement provides a chance to help convince North Korea to abandon isolation and take specific actions toward denuclearization that…

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Region: Asia

May 25, 2011

Though hesitant to officially join the U.S. Indo-Pacific Strategy, South Korea is seeking to promote many of the same values through the Moon administration’s “New Southern Policy.” Central to this…

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Region: Asia

October 25, 2019

This month, the world was reminded once again that the relationship between the Republic of Korea and Japan is deeply fractious. Japan has imposed restrictions on the export of chemical…

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Region: Asia

July 12, 2019

The North Korean economy is changing – we know this because of widely reported growth of private markets since the famine of 1990s. But black markets and illicit activities are…

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Region: Asia

June 14, 2019

Recently released data from the Department of Commerce confirmed that the United States achieved record-level export of services to South Korea in 2018 – $24.5 billion. Combined with the trade…

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Region: Asia
Topic: Security

April 5, 2019

The world is turning its attention to China’s economy and Korea is taking note. The South Korean Ministry of Finance put together an all-government task force to respond to the potential negative effects of the downfall of China’s largest property developer, Evergrande, which recently cancelled the restructuring of more than $19 billion of debt affecting…

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Region: Asia

October 16, 2023

Investment Announcements July 24, 2023: Samsung SDI announced plans to establish a second EV battery manufacturing “Gigafactory” facility as part of their StarPlus Energy joint venture with Stellantis. September 27, 2023: Samsung SDI announced it will inject $1.98 billion as part of its investment into a battery factory, reportedly near Kokomo, IN where its gigafactory…

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Region: Asia

October 13, 2023

In his speech at a non-union auto workers' facility last week in lieu of a Republican debate performance, former President Donald Trump again made U.S.-Korea trade the focus of his protectionist rhetoric.  In outlining what he called his vision for the “revival of economic nationalism,” he boasted over what he believed was “saving American auto…

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October 6, 2023

In celebrating seventy years of their security alliance, the United States and Korea exemplify the very best of what a robust economic partnership looks like. With terms like “friend-shoring” and “economic allies” increasingly making their way into beltway policy language, no reflection of the past seventy years of the U.S.-Korea alliance would be complete without…

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September 29, 2023