Economics Archives - Korea Economic Institute of America

Publication

The Bank of Korea in Historical and Comparative Perspective

This paper reviews and evaluates the development of Bank of Korea policy in historical and comparative perspective. The historical perspective focuses on the most recent of the three stages of…

November 25, 2009

Global Financial Crisis and Systemic Risks in the Korean Banking Sector

Financial crises are more common than people usually expect. In fact, 139 ﬁnancial crises from 1973 to 1997 have been identiﬁed by Eichengreen and Bordo, and they concluded that the…

May 25, 2009

Ploughshares into Swords: Economic Implications of South Korean Military Spending

South Korea is currently engaged, once again, in a large-scale, expensive modernization of its military that aims to provide the country with a more robust and self-sufficient defense. The timing…

February 2, 2009

Minimizing the Aftershocks of the Korea-U.S. FTA: How to Manage Disputes Arising from the Two Countries' Discrepant Perspectives and Legal Systems

After the U.S.-Korea Free Trade Agreement (KORUS FTA) is approved by the legislatures of Korea and the United States, it will likely provide a turning point for the countries’ bilateral…

September 25, 2008

Podcasts

Manufacturing and the KORUS FTA with Doug Goudie

In this episode we speak with Doug Goudie, Director of International Trade Policy at the National Association of Manufacturers (NAM). Mr. Goudie draws from his experiences to share his perspective…

November 2, 2010

KORUS FTA with Tami Overby

In this episode we hear from Tami Overby, Vice President for Asia at the U.S. Chamber of Commerce and former President of the American Chamber of Commerce in Korea. Ms.…

October 14, 2010

Academic Paper Series: Alon Levkowitz

An exclusive interview with Dr. Alon Levkowitz, author of the most recent edition of the Korea Economic Institute’s Academic Paper Series. His paper, titled “The Republic of Korea and the…

August 13, 2010

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While the economic components of the Camp David summit will not be remembered in the same way as the Plaza Accords or Bretton Woods, the agreement nonetheless lays out an ironclad economic framework for cooperation between the United States, Korea, and Japan which will serve to benefit the Indo-Pacific and beyond. The economic announcements provide…

August 23, 2023

Tom Ramage

U.S. Moves to Lock in Gains at Camp David Trilateral Summit

When the leaders of Japan and South Korea join President Joe Biden at Camp David on August 18, it will cap a year of remarkable progress in bringing relations in the region back from the depths of dysfunction. The summit will showcase the attempts by the Biden administration to institutionalize trilateral security cooperation – tying…

August 15, 2023

Daniel Sneider

Policies to Reverse the Decline in the Fertility Rate Part 2: Improving the Economic Prospects of Young People

The drop in Korea’s total fertility rate to 0.78 in 2022 has heightened concerns about the impact of rapid population aging and decline. Despite numerous government initiatives, such as introducing free early childhood education and care in 2012, the fertility rate has continued to edge down. Korea’s median age jumped from 33.6 years in 2005…

August 4, 2023

Randall S. Jones

Yoon Advances Diplomatic Goals at the G7 Summit

In mid-May, President Yoon Suk Yeol became the fourth Korean president to participate in a Group of Seven summit. Korea was among the eight states invited to observe the gathering hosted by Japan in the city of Hiroshima. Over the course of three days, President Yoon met with both other world leaders as well as…