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

Previewing Trump’s Trip to Asia

President Donald Trump is off on his longest international trip yet, stopping in Japan, South Korea, China, Vietnam and the Philippines. There, he is expected to tackle a range of…

November 3, 2017

[Rebroadcast] Kevin O’Donnell: National Director of Peace Corps

In this episode, we spoke with Kevin O'Donnell, who, after decades on a private sector career path, became the first-ever Peace Corps country director for South Korea, followed by a…

August 17, 2017

President Moon Jae-In Takes Office in Seoul

On May 10, former human rights lawyer Moon Jae-In officially became the next president of South Korea, filling an office that had been empty since former President Park Geun-Hye's impeachment…

May 10, 2017

North Korea Sanctions: The View from South Korea

After the closure of the Kaesong Industrial Complex last year, economic ties between North and South Korea have all but ceased. And as sanctions measures continue to tighten, the international…

April 24, 2017

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By Troy Stangarone The United States and Korea recently released year-end merchandise trade data. With the global economy slowing as China’s economy cools, many emerging markets saw growth slow or stall, while significant drops in oil prices proved more of a drag on economic growth than expected. As a result, both the United States and…

February 11, 2016

Troy Stangarone

Relations between North and South Korea Hit Rock Bottom

By Mark Tokola Make no mistake, South Korea’s shuttering of the Kaesong Industrial Complex (KIC) which it had operated just across the border in North Korea since 2004 is a big deal. Far from being a commercial venture of marginal overall economic importance to the two countries, it has been a powerful symbol that no…

February 10, 2016

Mark Tokola

U.S. Presidential Candidates Comments on the Korean Peninsula

This year will see the election of a new U.S. president. As the primary season for both political parties begins to heat up with the Iowa Caucuses approaching, KEI has gathered comments by contenders for the Republican and Democratic presidential nominations on North and South Korea. Republican Candidates Jeb Bush February 18, 2015 - “America…

January 29, 2016

Purposefully Empty Handed?: North Korea’s Hollow Search for Investment

By Kyle Ferrier Reports that North Korea planned to attend the World Economic Forum (WEF) meeting for the first time since 1998 were understandably overshadowed by the regime’s fourth nuclear test, yet the two developments are intertwined. Byungjin, the simultaneous pursuit of economic growth and nuclear weapons, is a key aspect of Kim Jong-un’s leadership…