Economy & Trade - Korea Economic Institute of America

The Impact of Kaesong’s Suspension on Korean Companies & South Korea-India Economic Connections

The fear that North Korea’s suspension of activities at the Kaesong Industrial Complex would have broader implications began to materialize last week when Daewha Fuel...

Nicholas Hamisevicz

April 24, 2013

Analysis

North Korea’s Economic Warfare

North Korea’s recent actions, including the suspension of work at Kaesong, are form of psychological and economic warfare against South Korea in response to heightened...

Troy Stangarone

April 22, 2013

Analysis

One Year After the KORUS FTA

The U.S.-Korea Free Trade Agreement, or KORUS FTA, has now been in effect for one year and, as with any agreement, it is natural to...

March 18, 2013

Analysis

South Korea’s Trade Balance Becoming More Extreme

KITA data reveals that over time, South Korea is undergoing an increasing level of trade polarization (i.e. greater degrees of trade imbalances) vis- à-vis its...

March 11, 2013

Analysis

North Korea Allows Internet Access (For Foreigners)

The Associated Press Pyongyang bureau reported that North Korean authorities will allow foreign visitors to access the internet using cellular devices from March 01.

Chad OCarroll

February 26, 2013

Analysis

Should South Korea’s Space Program Go Private?

South Korea joins an elite group of countries by launching its first rocket into space.

Troy Stangarone

January 30, 2013

Analysis

Dr. Strangelove and the Special Economic Zone: Balance and Imbalance in China’s Long-Range North Korea Strategy

The Chinese leadership generally fails to appreciate satire, but they have surely noted the wild and Strangelove-esque behavior of their erstwhile socialist ally North Korea.

Nathan Beauchamp-Mustafaga

January 29, 2013

Analysis

The Bank of Korea Shows Foresight in Holding Rates Steady

While some were disappointed earlier this month that South Korea's central bank decided against easing up on nation's key interest rate, the Bank of Korea's...

Seongjin James Ahn

January 22, 2013

Analysis

Advancing Economic Freedom: Key To Ensuring South Korea’s Greater Economic Future

Despite a considerable level of uncertainty caused by the global economic slowdown since late 2008, South Korea has outperformed many other advanced economies in terms...

Anthony B. Kim

December 30, 2012

Publication

Introduction to the Knowledge Sharing Program (KSP) of Korea

This paper aims to introduce the Knowledge Sharing Program (KSP), which is Korea’s representative knowledge-sharing initiative seeking to support the development of partner countries by...

MoonJoong Tcha

December 17, 2012

Publication

A New Horizon In South Korea – Central Asia Relations: The ROK Joins The “Great Game”

Two thousand years ago, the “Silk Road” linked the Chinese and Roman empires, moving goods, people, and ideas between Asia and Europe. For centuries thereafter...

Balbina Y. Hwang

December 13, 2012

Publication

Expanding Prospects For ROK – Mongolian Relations

In this 22nd year of South Korean-Mongolian bilateral diplomatic relations, prospects for economic and trade ties – particularly in the fields of civil nuclear cooperation,...

Alicia Campi

December 13, 2012

Publication

Korea’s Economy 2012 – Full Edition PDF

In 2011, the Republic of Korea became one of only a handful of nations to pass the $1 threshold in total trade as Korean trade...

November 30, 2012

Publication

Part I – Overview and Macroeconomic Issues

Contents of this Section: Korea’s Economic Prospects and Challenges Thomas Rumbaugh – Division Chief for the Asia and Pacific Department of the International Monetary Fund...

Randall S. Jones

November 30, 2012

Publication

Part II – The Future of Korean Trade Policy

Contents of this Section: Korea’s Trade Structure and its Policy Challenges Lee Junkyu – Senior International Economic Adviser, Ministry of Strategy and Finance, Republic of...

Choi Nakgyoon

November 30, 2012

Publication