Economics

When you hear about trilateral cooperation between the United States, South Korea and Japan in the news, people are usually talking about how these three countries can work together to…

In May 2016, Park Geun Hye became the first South Korean president to visit the African Union headquarters in Ethiopia. This trip, which also included stops in Uganda and Kenya,…

This week, we have a very special guest who flew in from Paris to talk about Korea's economy. Dr. Randall Jones is head of the Japan/Korea Desk at the Organization…

Over the last 50 years, Myanmar has oscillated between periods of friendship with South Korea and partnership with North Korea. As Myanmar opens to the international community, however, investment and…

By Troy Stangarone After more than six years of negotiations, debate, and delay, the U.S.-Korea Free Trade Agreement (KORUS FTA) will come into effect tomorrow. Expectations for the agreement run high, especially in Korea where there has been significant public debate over the KORUS FTA. Starting tomorrow we will begin to see if the agreement…

By Anthony Kim With global economic recovery far from secure, many economies are at a critical juncture, and governments face decisive policy choices. Political and economic developments since the economic and financial turmoil in late 2008 have inspired a fundamental rethinking of the social contract between citizens and governments in many parts of the world.…

By Nicholas Hamisevicz Last month South Korea’s Defense Acquisition Program Administration (DAPA) commissioner Noh Dae-lae stated that DAPA had exceeded its defense exports goals last year and was now attempting to sell over $3 billion defense exports in 2012.  South Korea might have hit that $3 billion mark last year if it won a contract…

By Yu, Byoung-gyu  The sudden death of North Korean leader Kim Jong-il has increased uncertainty regarding the future of inter-Korean economic cooperation. The prospects for economic cooperation between the two Koreas can be considered from both short term and a medium to longer term perspectives. In the short term, deadlock on economic cooperation will likely…

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