Economics

With relations between Korea and Japan improving over the last year the leaders of the United States, Korea, and Japan met in Washington on August 18 to discuss a common…

On May 1, 2023, KEI hosted a conversation between Ambassador Marc Knapper and Ambassador (ret.) Kathleen Stephens on potential new and expanded areas of trilateral cooperation between the United States,…

30 years after the fall of the Berlin Wall, people’s aspiration to establish a pluralistic liberal democracy appears to be under scrutiny around the world – anti-immigration policies dominate political…

Strategically located at the crossroads of Central Asia, China, and Russia, Mongolia has long attracted the attention of regional powers – including the Koreas. How is this traditionally-nomadic, but resource-rich,…

By Phil Eskeland Last week, the Organization for Economic Cooperation and Development (OECD) released a report[1] on the level of skills among adults in 24 developed countries, including the Republic of Korea and the United States.  There were several interesting analyses, comparing the skill level of adults in these nations based on age, education level,…

By Gerard Krzic Anyone visiting Korea and sightseeing at a rural Buddhist temple usually passes over a stone bridge that crosses a stream or river before entering the main temple grounds.  It has been said that the bridge represents crossing oceans as one moves from the land of daily hardships to the land of enlightenment…

By James W. Fatheree A recent KEI annual seminar provided the U.S. Chamber/U.S.-Korea Business Council (USKBC) with an opportunity to provide our perspective on the economic priorities of both the Obama and Park administrations--where these priorities line up and ways in which our governments and business communities can work together to support policies that foster…

By Jongsung Kim, Ph.D. Earlier this month, the Strategy and Finance Committee in the Republic of Korea’s National Assembly held a hearing on the household debt policies (가계부채 정책  청문회) in Korea. The rising household debt in Korea is a critical issue, and a clear symbol of its importance was the high level of government…

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