Economy & Trade - Korea Economic Institute of America

Korea: Economic Prospects and Challenges after the 6 Global Recession

Korea’s V-shaped recovery from the Great Recession that began in early 2009 was among the fastest in the world and gave way to a robust...

Meral Karasulu

August 31, 2011

Publication

Korea’s Challenges and Opportunities in 2011

It is undeniable that Korea successfully overcame the global financial crisis faster than any other country in the world. Last year, the Financial Times complimented...

Chae Wook

August 31, 2011

Publication

Korea and the World Economy

The most important single variable for any trade-dependent country like Korea is robust and sustainable growth for the world economy. Korea takes a sharp hit...

C. Fred Bergsten

August 31, 2011

Publication

Currency “Reform” in North Korea

Free elections are not part of North Korea’s political fabric, but Kim Jong-Il and his advisors are undoubtedly aware that the regime’s legitimacy will be...

James Lister

May 25, 2011

Publication

Ribbon Cutting in Kia-ville

From Kia, with Love: Korean Greenfield Investment Revives a Community On Friday, February 26, in a flashy rock concert atmosphere, a much awaited and well...

Greg Scarlatoiu

May 25, 2011

Publication

ROK-India Summit Meeting: South Korea’s “New Asia Initiative” Converges with India’s “Look East Policy”

Beginning of Korea-India Relations, Shrouded in Legend Every year, India traditionally invites a foreign head of state to attend the anniversary of the establishment of...

Greg Scarlatoiu

May 25, 2011

Publication

Korea-EU FTA Represents a Challenge for the United States

Korea is a relative newcomer to the negotiation of bilateral FTAs, concluding its first agreement with Chile only in 2003. Prior to engaging in bilateral...

Troy Stangarone

May 25, 2011

Publication

Second Economic Team: Can They Revive an Ailing Economy?

Korea’s economy has been deteriorating more rapidly than previously expected. The nation saw its first negative growth in more than 10 years in the fourth...

Florence Lowe-Lee

May 25, 2011

Publication

Weathering the Storm: Korea’s Shipbuilding Industry

Surrounded on three sides by water, Korea is an oceanic nation that depends on the import of 95 percent of its energy sources and the...

Greg Scarlatoiu

May 25, 2011

Publication

Korea Feels Wall Street Crisis …And Reacts

Korea has once again been threatened by financial contagion that started in another country. In 1997, it began with Thai baht; this time, the trouble...

Florence Lowe-Lee

May 25, 2011

Publication

U.S. Financial Turmoil And Impact on Korea’s Economy

Black September, Meltdown Monday, America’s Financial 9/11, Financial Tsunami, Perfect Storm, worse financial crisis since the Great Depression 1929… Whatever the term used, recent events...

Florence Lowe-Lee

May 25, 2011

Publication

Is Korea Ready for the “Third Oil Shock?”

International oil prices have risen dramatically, raising the possibility of a “third oil shock.” During the first oil crisis in 1973, the annual average price...

Florence Lowe-Lee

May 25, 2011

Publication

A Firestorm in Korea over U.S. Beef

After more than two years of negotiation, false starts, and delay, Korea announced in April its intention to fully open its market to imports of...

Troy Stangarone

May 25, 2011

Publication

Competitiveness: Korea’s Latest Economic Challenge

Korea is a tough economic competitor. Its meteoric rise over just 30 years from one of the poorest in the world to the ranks of...

Julia B. Cunico

May 25, 2011

Publication

Tide Turning for Korea’s Auto Imports?

Anyone who has spent time in the bustling streets of Seoul is familiar with the scene: commuters crowding into Daewoo buses, while salary men hurry...

James H. Alvis

May 25, 2011

Publication