Economy & Trade - Korea Economic Institute of America

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

Korea in Asia: Korea’s Development, Asian Regionalism, and U.S.-Korea Economic Relations

The goal of this study is to explore the current state of U.S.-Korea trade and economic relations, with special emphasis on the impact of the...

Claude Barfield

May 25, 2011

Publication

Korea’s Capital Investment: Returns at the Level of the Economy, Industry, and Firm

The Korea Economic Institute (KEI) is pleased to issue the second of its new “Special Studies.” In contrast to KEI’s other publications, which generally take...

Arthur Alexander

May 25, 2011

Publication

Free Trade Agreements and the Future of U.S.-Korean Trade Relations

During the past decade, the United States and Korea have pursued free trade agreements (FTAs) with a number of bilateral trading partners. For the United...

Jeffrey J. Schott

May 25, 2011

Publication

From Crisis to Recovery: Korea’s Policy Response to the Global Financial Meltdown, August 2007-June 2009

During the two-year period since the outbreak in August 2007 of the U.S. subprime crisis, Korea has felt its severe effects: Korea’s economy contracted sharply...

Park Yung-chul

May 25, 2011

Publication

Future Directions for Northeast Asian Regionalism: New Security and Trade Architectures (

There is certainly a place for regionalism in Northeast Asia.1 It already exists in various amorphous ways, but regional identity is relatively weak in Northeast...

James L. Schoff

May 25, 2011

Publication

Whither the KORUS FTA? The Moment of Truth

Two years and nine months have passed since Korea and the United States put their signatures on the Korea-U.S. Free Trade Agreement (KORUS FTA). Nei-...

Choi Byung-il

May 25, 2011

Publication

The Financial Crisis in Northeast Asia and Sustainable Recovery

The three major economies in Northeast Asia have not escaped damage from the Atlantic-centered financial crisis and Great Recession. Japan has suffered the most in...

Thomas Byrne

May 25, 2011

Publication

Korea: The Next Asian Domino in Global Crisis

As the U.S. economic crisis was just getting off the ground, many analysts claimed Asia would be relatively immune to the impact because its economies...

Richard Katz

May 25, 2011

Publication

Can the United States and South Korea Sing without KORUS? The Economic and Strategic Effects of the KORUS FTA

On 30 June 2007, U.S. and South Korean trade officials signed the U.S.- Korea Free Trade Agreement (KORUS FTA). The two countries reached the agreement...

Mark Manyin

May 25, 2011

Publication