Analysis and publications on economic policy, trade relations, business, financial issues, and commercial developments affecting U.S.-Korea relations.
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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...
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...
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...
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...
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...
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...
On September 20, the U.S. International Trade Commission (ITC) released its report on the KORUS FTA. The ITC study is a required analysis under Trade...
Human capital is the most important form of wealth in a knowledge-based economy. The success of a nation in today’s economy depends significantly upon how...
May brought several significant developments for the KORUS FTA. On May 10, the Bush Administration and Congress announced an agreement on a new trade policy,...
Real growth in 2006, at 5 percent, did not fully measure up to the more optimistic forecasts of a year ago but did represent a...
The most popular conversation topic in Korea these days is not North Korea’s nuclear program or the KORUS FTA, but the skyrocketing real estate prices....
With negotiations running down to the wire, Korean and American negotiators announced that they reached a deal just before President George W. Bush’s trade promotion...
While foreign direct investment (FDI) into South Korea has been waning, outward Korean investment has been robust over the past year. According to The Korea...
Korea’s labor unions are known for their militancy. This characteristic is believed to be the result of past political repression and perceived economic inequality. Since...
A successful KORUS FTA could position Korea among the top three electronics manufacturing countries, according to a senior researcher from the Korea Institute for Industrial...