Economy & Trade - Korea Economic Institute of America

U.S. International Trade Commission Finds FTA Would Substantially Affect U.S.-Korea Trade and Investment, Korea Pushes Ahead

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...

Troy Stangarone

May 25, 2011

Publication

Brain Drain: Korea Exports Human Capital

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...

Florence Lowe-Lee

May 25, 2011

Publication

Rulings, New Agreements, and Advisory Committee Assessments Alter the Course for the KORUS FTA

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,...

Troy Stangarone

May 25, 2011

Publication

Korea’s Economy: Decent Short-run Outlook but Long-run Challenges

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...

James Lister

May 25, 2011

Publication

Korea’s Real Estate Market: Are We Overreacting to Skyrocketing Property Prices?

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....

Florence Lowe-Lee

May 25, 2011

Publication

Anatomy of a Deal: The KORUS FTA

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...

Troy Stangarone

May 25, 2011

Publication

Developments in Korea’s Overseas Foreign Direct Investments

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...

James H. Alvis

May 25, 2011

Publication

Labor Flexibility, A Key to Economic Success

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...

Florence Lowe-Lee

May 25, 2011

Publication

Recent Developments in Korea’s IT Industry

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...

James H. Alvis

May 25, 2011

Publication

Developments in the Korean Auto Industry

For those following developments in the Korean auto industry, the first quarter of 2006 has certainly proven to be anything but mundane. Recent headlines have...

James H. Alvis

May 25, 2011

Publication

Economic Recovery Gathering Strength

There are growing signs that Korea’s economy is growing in a more sustainable manner after a long battle to overcome the depressive effects of household...

James Lister

May 25, 2011

Publication

Investment Down, but More Free Trade in Korea’s Future

After a record year in 2004 that saw foreign direct investment (FDI) inflows to Korea increase by 97.7 percent, 2005 saw a step back with...

Troy Stangarone

May 25, 2011

Publication

Moving the KORUS FTA Forward in a Time of Economic Uncertainty

Despite the clear benefits of KORUS FTA for the United States and Korea, it has been stalled for nearly 18 months due to disputes over...

Troy Stangarone

May 25, 2011

Publication

Summary of Proceedings

In important respects this conference reflected two somewhat contrasting perspectives on the just completed U.S.-Korea Free Trade Agreement (KORUS FTA). Those two perspectives, the one...

Bernard K. Gordon

May 25, 2011

Publication

The Global Crisis and Korea’s International Financial Policies

The global crisis that was ignited by the meltdown in the U.S. subprime mortgage market is a dramatic illustration of just how interdependent our economic...

Thomas D. Willett

May 25, 2011

Publication