Analysis and publications on economic policy, trade relations, business, financial issues, and commercial developments affecting U.S.-Korea relations.
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The May OECD Economic Outlook projects that Korea's economy will increase 3.8% in 2021, significantly faster than its March outlook of 3.3%.
South Korea is investing in domestic semiconductor production in an effort to meet the demands of a wider industrial ecosystem.
Despite policies acknowledging sustainable energy’s importance, South Korea’s Green New Deal is weaker than initially promised.
Korea stands out for its success in handling the COVID-19 pandemic and limiting its economic impact. The 1.0% fall in real GDP in 2020 was...
The government focuses on housing issues after the ruling Democratic Party’s loss in the Seoul and Busan mayoral elections, but bigger challenges remain.
The White House push to address the chip supply shortages impacting U.S. manufacturing could be a boon to South Korean tech firms.
The government of North Korea continues to report that it has no cases of COVID-19. In its most recent submission to the World Health Organization...
With inflation undershooting its 2% medium-term target, the Bank of Korea (BoK) cut its policy rate by 50 basis points twice in 2019 (Figure 1)....
South Korea aims to expand trade partnerships with South American countries, building on ongoing efforts to diversify the number of trade partners.
Korea’s economy shrank by 1% in 2020, the first contraction since the 1997 Asian financial crisis (Table 1). It was the smallest decline among the...
The rising cost of living and other external factors may be pushing people to purchase stocks of flagship corporations in a bid to grow their...
2020 marked the 45th anniversary of diplomatic relations between the Republic of Korea (ROK or South Korea) and Myanmar (Burma). In less than half a...
North Korea continues to rebuff South Korea’s overtures for diplomatic engagement despite promises of economic assistance.
