Economy & Trade - Korea Economic Institute of America

Since Trump’s Election, the U.S.-Korea Trade Deficit Has Been Reduced by One-Third

Last March, President Donald Trump directed the Department of Commerce and the Office of the U.S. Trade Representative (USTR) to prepare an Omnibus Report on...

Phil Eskeland

July 24, 2017

Analysis

One Small (and Medium) Step for Korea’s Economy

The future of Korea's economy may depend on SMEs (Small and Medium sized Enterprises) just as much as is does on the large traditional companies,...

Nathaniel Curran

July 11, 2017

Analysis

Overcaffeinated? Korea’s Ubiquitous Coffee Shop Culture

One thing that shocks most first time visitors to Korea is the ubiquity of coffee shops. You can’t find anywhere in Seoul that isn’t a...

Nathaniel Curran

July 6, 2017

Analysis

Is China Helping? We Might Be Surprised

President Trump made lots of people a little nervous last week, tweeting that China had been “helpful” on North Korea but that “It just hasn’t...

William Brown

June 27, 2017

Analysis

Just How Dependent is South Korea on Trade with China?

China’s punitive economic measures against South Korea over THAAD may have shrouded Beijing-Seoul relations in uncertainty, yet they highlight Korea’s economic dependence on China.

Kyle Ferrier

May 26, 2017

Analysis

Is the Hallyu Crisis with China Over?

Beijing has approved the broadcast of a new Korean drama that had been co-produced by a Korean and a Chinese company, according to a source...

Jenna Gibson

May 22, 2017

Analysis

“Teaching To Fish”: How Training Koreans to Repair U.S. Cars May Boost Sales in South Korea

Perhaps no industry reflects the U.S.-Korea trade imbalance that a recent USTR report alludes to more than automotive.

Daniel P. Malone

May 18, 2017

Analysis

Prospects for U.S.-Korea Economic Relations under New Administrations in Seoul and Washington

As the new ROK and U.S. administrations interact and deal with each other, both sides must avoid “unforced errors” and cooperate with each other as...

Phil Eskeland

May 8, 2017

Analysis

Deepening South Korea’s Relations with the Middle East

The active relationship between South Korea and the Middle East Area is relatively young.

May 8, 2017

Analysis

The European Union: A Key Partnership for the Next South Korean Administration

The EU and South Korea share important values such as human rights, democracy and a market economy, making the EU an important partner for South...

May 2, 2017

Analysis

Prospects for Stronger Ties with Africa for the Next South Korean Administration

Although Korea embarked on closer diplomatic relations across Africa in recent years, Seoul has tended to focus on short-term projects that lack continuity.

April 28, 2017

Analysis

The Next South Korean Administration and Relations with Latin America

From both strategic and economic stances, it is critical that the future South Korean administration continue to expand trade and investments in Latin America.

April 27, 2017

Analysis

ASEAN -Korea Relations Under the Next South Korean Administration

Since establishing a Sectoral Dialogue Partnership with the Association of Southeast Asian Nations (ASEAN) in 1989, South Korea has rapidly expanded its diplomatic ties, economic...

April 26, 2017

Analysis

What the Recent U.S. Action on Steel Means for Korea

On April 20, 2017, President Donald Trump signed a memorandum for the Secretary of Commerce, Wilbur Ross, directing him to conduct a “Section 232” investigation...

Phil Eskeland

April 24, 2017

Analysis

Corporate Debt Market in Korea

This report conducts an analysis of the corporate bond market in Korea and the changes in interest rates and term structure since the 1997 Asian...

Paul Moon Sub Choi

April 21, 2017

Publication