Japan and Regional Integration Dominoes: Golden Opportunity or Another Political Failure?

The re-election of Abe Shinzo as prime minister has led to a drastic change in the economic landscape of Japan through the implementation of “Abenomics.”...

Korean Bridge: Balancing Asian Economic Regionalism Between the United States and China

The debate on TPP versus RCEP has been widely recognized as a struggle between the United States and China for expanding their influence in the...

China’s Choice: To Lead or to Follow on Asian Economic Integration

For many years, the major trading countries coexisted comfortably under a multilateral trading system. Major trade liberalizations were agreed upon multilaterally. In most cases, trade...

Globalization, Income Inequality, and Deindustrialization: The Case of South Korea

This paper examines the evolution of income inequality in South Korea over the period 1965 to 2011 using a fairly new dataset, namely the Standardized...

The North Korean Economy: Challenges and Opportunities for Reform

The 2014 OECD Economic Survey of Korea: Solid Growth but in Need of a Creative Economy?

Toward Further Convergence? Korea’s Current Economic Prospects and Policy Challenges

The Korean economy has fared well despite the recent global market turmoil and is well positioned to benefit from the global recovery given its strong...

Korea’s Evolving Energy Strategy: A Different Shade of Green

The health and strength of Korea’s manufacturing-intensive, export-led economy remains almost entirely dependent on access to energy imports; in particular, oil from the Middle East....

Korea’s Economic Relations with ASEAN and RCEP

Over the past twenty years, economic relations between ASEAN and Korea have evolved quite rapidly. As a result, ASEAN has now become the second largest...

Forty Years of Korea-India Diplomatic Relations and Economic Cooperation

2013 marks the 40th anniversary of diplomatic relations between the Republic of Korea (ROK) and India. This relationship, based primarily on economic cooperation, has slowed...

The 40th Anniversary of Economic Relations Between Korea and Indonesia

Korea and Indonesia have developed an increasingly robust economic relationship over the past 40 years. Since the two states established diplomatic relationship in 1973, bilateral...

The Rationale for a German Firm’s Investment in the Kaesong Industrial Complex

This will make Groz-Beckert the second foreign investment in Kaesong and the first since the complex reopened last fall.

KORUS Trade Statistics – Part II

Just prior to President Obama’s recent trip to Asia, critics of the Trans Pacific Partnership (TPP) blamed the Korea-U.S. Free Trade Agreement (KORUS) for the...

Setting the Record Straight – KORUS Trade Statistics

If present trends continue, the 2014 U.S. merchandise trade deficit with Korea is on track to be less than the 2013 level.

Korea’s Economic Relationship with India Gets Dragged into Court and Politics

Recent ruling by the Indian Supreme Court is another example of how India continues to turn away potential Korean and international investors