Economics

In this episode of Korean Kontext, guest host Kyle Ferrier, KEI's director of academic affairs and research, sits down with Korea Society President Tom Byrne. Before joining the Korea Society…

Ever since Myanmar's political and economic opening several years ago, countries have been looking to get in on the ground floor to build ties with this emerging economy in Southeast…

For the first Korean Kontext podcast of 2017, five members of the KEI staff sat down with host Jenna Gibson for a chat about the volitility of 2016 and what…

Samsung's Galaxy Note 7 woes have hit a crescendo in recent weeks, with the company officially halting production and the Transportation Security Administration (TSA) officially banning the devices from all…

Once dismissed as an abstract nuisance, transnational subsidies—where governments subsidize firms operating beyond their borders—have now become a central concern for countries. The World Trade Organization (WTO) Agreement on Subsidies and Countervailing Measures regulates subsidies that could potentially distort fair competition, generally applying a territorial criterion that mandates the subsidy recipient be located within the…

In addition to chips and pharmaceuticals, U.S. President Donald Trump has officially stated that he plans on introducing a tariff of roughly 25 percent on cars entering the United States, beginning April 2. Its imposition is likely to severely affect U.S.-South Korea economic relations, as well as the U.S. economy itself. Passenger vehicles have constituted…

On Monday evening, President Donald Trump unveiled 25 percent tariffs on steel and aluminum imports to the United States, eliminating the exemptions that had allowed South Korea to export steel under a quota. Representing an opening salvo of second-term trade actions impacting Korea and other countries, the tariffs will deeply affect the United States’ ability…

During a time of political change in both the United States and South Korea, new investments, partnerships, and diplomatic dialogues continued to strengthen the economic and technological partnership between the two nations. The following is a timeline of major US-Korea partnerships, investments, significant meetings, and diplomatic milestones from Q4 2024. Major US-Korea Investment Deals and…

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