Economics

In 2010, a group of Asian countries made major strides toward economic integration with the launch of the Chang Mai Initiative Multilateralization. This currency swap arrangement has had a major…

This week our guest is noted scholar and North Korea watcher Dr. Stephan Haggard. Dr. Haggard is a Professor of Korea-Pacific Studies and director of the Korea-Pacific Program at the…

At KEI, we mainly focus on the relationship between the United States and South Korea, and their approaches toward North Korea. This week, we're taking a different look at the…

Last week, we looked at the details of the new US and UN sanctions against North Korea, delving into the new measures to get at Pyongyang's funding. But will they…

By Jae-kyung Park Early last month, the U.S. Department of State and the Ministry of Foreign Affairs of China exchanged harsh words publically on the issue of South China Sea. On August 3, the U.S. State Department issued a press statement with the heading of ‘South China Sea’. The words therein are carefully and considerately crafted,…

By Nicholas Hamisevicz Initial KCNA and other reports about the September 25, 2012 Supreme People’s Assembly (SPA) meeting indicate North Korea has made no public announcement on economic or agricultural reforms as anticipated by numerous press articles and North Korea watchers. Proclamations following the meeting emphasized changes to North Korea’s education system. Thus, those that…

By Seongjin James Ahn In light of all the recent and mixed reports attempting to evaluate Korea’s economic outlook for the remainder of 2012 and beyond, many analysts have been wondering what truly lies ahead for Korea’s economy.  Is the country bound for leaner times, or will things turn around?  What will a potential economic…

By Sarah K. Yun As leaders of the Asia-Pacific nations gathered for the 20th Asia-Pacific Economic Cooperation (APEC) Leaders’ Meeting in Vladivostok, Russia on September 8-9, the ongoing effects of the euro crisis and global financial crisis added urgency to their efforts to increase regional economic growth and give APEC a leading role in the…

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