Economics

We imagine North Korea as a country that is carrying on not only a conflict left over from the Cold War, but also a decrepit legacy economy from the past.…

When people talk about South Korea’s foreign policy, they are more often than not focused on how Seoul engages with its immediate neighbors on denuclearization. However, as a global trading…

2018 has been an incredibly eventful year for both the Koreas and the U.S.-Korea relationship: from North Korea’s participation in the Winter Olympics at the start of the year to…

The Trump Administration is once again considering using Section 232 to impose tariffs on imported goods based on a threat to national security. The President originally used this provision to…

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…

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…

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…

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…

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