Economy & Trade - Korea Economic Institute of America

The Trump Administration and Trade Policy: Confirmation Questions for the Commerce and USTR Nominees

The issue of trade was raised to a top-tier issue during the election and the hearings will help provide insight into the future direction of...

Phil Eskeland

January 10, 2017

Analysis

New Year’s 2017 in Pyongyang: Self-Reliance by Necessity or Design?

Even Kim Jong-un seemed a little melancholy in his New Year’s speech, reflecting perhaps the sad state of international affairs everywhere this winter.

William Brown

January 4, 2017

Analysis

Will the Trump Administration’s Policies Have a Negative Impact on the Korean Economy?

After the U.S. presidential election, many experts were concerned about the policies of the new U.S. administration and how they might affect East Asia and...

Jaeho Jeon

January 3, 2017

Analysis

Has the KORUS FTA Cost the United States 100,000 Jobs?: Part 2 – A Look at U.S.-Korea Economic Relations

When looking at jobs and the KORUS FTA there are three additional factors to consider – trade in services, foreign direct investment, and items covered...

Troy Stangarone

December 20, 2016

Analysis

Why Korea is Hesitant to Accommodate the IMF’s Suggestion on Household Debt

South Korea faces a household debt crisis. Household debt reached more than 1,257 trillion won ($1.1 trillion) in the second quarter of this year, up...

Jaeho Jeon

December 19, 2016

Analysis

Korea Should Take the Lead and Create a Rump TPP

Fulfilling its role as a leading “middle power,” Korea should move to join a rump Trans-Pacific Partnership agreement that would include the eleven nation states...

Claude Barfield

December 5, 2016

Analysis

The Leadership Vacuum for the Korean Economy

The South Korean economy is drifting like a ship which has lost its captain while the ‘Choi Soon-sil Scandal,’ a civilian who has no official...

Jaeho Jeon

December 1, 2016

Analysis

Kim Jong Un: Crossing the Rubicon and Slipping on the Stones for Economic Reform

Not all is easy for Kim Jong-un as he must soon make important and probably irrevocable decisions with respect to how far he will allow...

William Brown

November 28, 2016

Analysis

A Fork in the Road? Korea and China’s One Belt, One Road Initiative

In 2013, two countries in East Asia launched their respective visions for an East-meets-West integrated region: China pronounced one of the most ambitious foreign economic...

Balbina Hwang

November 16, 2016

Publication

Implications of Trump’s Election on U.S. Trade Policy Towards Korea

Unlike past U.S. elections, President-elect Donald Trump has made trade a centerpiece of his campaign.

Phil Eskeland

November 9, 2016

Analysis

Has the KORUS FTA Cost the United States 100,000 Jobs?: Part I – A Look at Trade in Goods

Do claims of the KORUS FTA costing the United States 100,000 jobs hold up?

Troy Stangarone

November 4, 2016

Analysis

Why Does International Trade Take a Political Beating in the United States

International trade has become a top-tier political issue during this U.S. election cycle that has come together to create a “perfect storm” for candidates at...

Phil Eskeland

November 4, 2016

Analysis

Minimum Wage in South Korea

As the Korean economy started growing, its relations with the labor sector also started changing, and so has one of its most basic factors, the...

Min Tae Chung

November 2, 2016

Analysis

Labor Market Rigidities and Social Inequality in Korea: The Role of Legal, Economic and Social Governance

This study explores the organization of the Korean labor market, systemic faults in it leading to undesirable outcomes and their determinants, and consequences for workers...

Vladimir Hlasny

October 28, 2016

Publication

The Rise of Self-deprecating Terms Such as “Hell Chosun” and “Dirt Spoon” among the Young Generations in Korea

These days, college students graduate into a competitive job markets where a high unemployment rate and an oversupply of workers coexist.

Sungeun Chung

October 24, 2016

Analysis