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…

US-Korea Deal Flow Date American Company Korean Company Project Value Amount Location March 29 N/A Taihan Cable & Solution Power grid replacement deal $82 million Florida March 27 Google Cloud NCSOFT Partnership to apply AI and cloud computing to game development N/A N/A March 15 IGNEO, Korea Zinc subsidiary Korea Zinc, LG Chem Korea Zinc…

In discussions of US-South Korea trade policy within American policy circles, a critical aspect often overlooked is the longstanding trade relationship between Korea and Latin America. This oversight misses a significant dimension of Korea's broader trade and foreign policy strategy, which increasingly sees Latin America not just as a market, but as a pivotal partner…

South Korea’s rapprochement with Japan and North Korea’s embrace of Russia significantly shaped events on the Korean Peninsula in 2023. Both promise to have a substantial impact on events in the coming year. After years of declining relations, South Korea took the initiative to mend ties with Japan by proposing a path for resolving the…

Investment Announcements December 20, 2023 ­­– LG Chem begins construction on its cathode plant in Clarksville, Tennessee, set to begin production in 2026. The $1.4 billion injection as part of the construction is the first phase of its $3.2 billion investment plan delineated in an MOU LG Chem signed with the State of Tennessee in…

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