Economics

We imagine North Korea as a country that is carrying on not only a conflict left over from the Cold War, but also a decrepit legacy economy from the past.…

When people talk about South Korea’s foreign policy, they are more often than not focused on how Seoul engages with its immediate neighbors on denuclearization. However, as a global trading…

2018 has been an incredibly eventful year for both the Koreas and the U.S.-Korea relationship: from North Korea’s participation in the Winter Olympics at the start of the year to…

The Trump Administration is once again considering using Section 232 to impose tariffs on imported goods based on a threat to national security. The President originally used this provision to…

By Nicholas Hamisevicz This week KEI is hosting an event examining India and Korea as increasingly important countries in a rising Asia. Even though much attention has been placed on China this month as some world leaders recently visited Beijing for its military parade celebrating the end of World War II and with Xi Jinping’s upcoming…

By Troy Stangarone On September 1 new trade figures for the month of August indicated that South Korea’s exports had dropped 14.7% year-on-year continuing a trend since January that has seen year-on-year monthly declines. Exports play significant role in the South Korean economy and have a value that is roughly half of South Korea’s GDP.…

With the 70th anniversary of the end of World War II over the weekend, KEI takes a look back at what has changed on the Korean Peninsula from the 1945 to today. The three boxes compare a unified peninsula before the Korean War to North and South Korea in the 2010s. By looking at GDP,…

By Jenna Gibson For South Korean children, studying abroad and mastering English used to be the key to success, prompting waves of students to head overseas for their diplomas. Now, South Korea is the third largest source of international students studying in the United States, behind only China and India. But this trend may be…

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