Economics

In this special episode, Korean Kontext had the opportunity to speak to South Korean Minister for Trade, Bark Taeho, during his latest visit to Washington DC. KEI’s Vice President, Dr.…

By the time you read this, the KORUS FTA will have entered the implementation stage. To celebrate, Korean Kontext caught up with two of the main movers-and-shakers behind the deal…

In this episode, Korea Economic Institute’s Director of Communications Chad 0Carroll speaks with Scott Snyder of the Council on Foreign Relations. Having written a number of publications on U.S. relations…

This episode takes us directly into the office of Ambassador Han Duk-Soo, Ambassador of the Republic of Korea to the United States, who shares his thoughts on the much-anticipated G-20…

By Jenna Gibson Twenty five years ago today, South Korea established the Korea International Cooperation Agency (KOICA), officially cementing its unprecedented transition from aid recipient to donor. It’s a story that Koreans are rightly very proud of – in the 1960s, still reeling from the Korean War, the country’s per capita income was less than…

By Jenna Gibson In The Economist’s recent ranking of the best and worst places to be a working woman, South Korea did not fare well. In fact, it was considered last among OECD countries. In what they call their “glass-ceiling index,” The Economist ranked OECD countries along various measures related to women in the workforce,…

By Troy Stangarone With the global economy slowing and Korean merchandise exports and imports down in 2015 we recently looked at how U.S.-Korea trade compared to Korean trade in general and U.S. trade more broadly. However, Korea has one of the world’s most expansive network of free trade agreements. In this post we explore how…

By Kyle Ferrier North Korean provocations are generally accepted to have a minimal impact on South Korea’s economy, yet in early 2016 these geopolitical risks have corresponded with losses in Seoul. South Korea’s stock exchanges, tracked by the KOSPI Index, closed 0.26% lower on January 6, the day of the claimed hydrogen bomb test, but…

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