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…

  With the recent retirement by Yi So-yeon, South Korea’s remaining astronaut, many have turned attention to Korea, wondering whether there is a future for its space program. According to Daniel Pinkston of the…

    North Korea has engaged in various forms of economic reforms and marketization attempts such as establishing Special Economic Zones and obtaining Foreign Direct Investment. Yet, many of North…

    In this episode, we talk with Dr. Yiagadeesen Samy of Carleton University on income inequality in South Korea and its affect on Korea’s economy. Dr. Samy is an economist…

By Sarah K. Yun Both the United States and China went through leadership transitions in November. In the United States  President Barack Obama was reelected, while China announced a new era under General Secretary Xi Jiping.  With both countries future leadership now decided, what are the implications for Korea as the U.S. and China consolidate…

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…

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