Economics

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…

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.…

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…

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?