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...
Analysis and publications on economic policy, trade relations, business, financial issues, and commercial developments affecting U.S.-Korea relations.
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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...
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...
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...
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...
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...
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...
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,...