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 Seongjin James Ahn With the presidential elections in the U.S. now over, South Korea has turned its attention to the political transition occurring in China.  This week the Chinese Communist Party (CCP) is set to reveal its new leadership roster for the next ten years, and regardless of who comes into power, South Korea…

By Seongjin James Ahn Over the last two decades the United States and South Korea have had a dynamic bilateral trade relationship.  Together they have reached impressive achievements in trade growth, but have also weathered through economic crises, experienced contractions in global demand, and had their fair share of disagreements. Yet in spite of these…

By Seongjin James Ahn Recently, South Korean music artist PSY projected himself into international fame with “Gangnam Style”, a song and music video that went viral online and parodies the opulent lifestyles of Seoul’s upper class – and of those who try to imitate it.  While both humorous and entertaining, PSY’s song ultimately points to…

By Chad 0’Carroll South Korea seems to have a branding problem when it comes to European perceptions of the country.  That’s according to a new poll which suggests European citizens view South Korea less favorably than do citizens from the United States. The study, “International Trends: Korea”, suggests that a striking 52 percent of Italians…

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