Economy & Trade - Korea Economic Institute of America

Financial Crises and East Asia’s Financial Cooperation

East Asia is an area where real economic activities are closely linked. The brisk trade in goods and services among East Asian countries shows a...

Park Young-joon

May 25, 2011

Publication

How Available are DPRK Statistics?

A common problem facing students of the economy of the Democratic People’s Republic of Korea (DPRK) is the shortage of available statistics. It is extremely...

Lee Suk

May 25, 2011

Publication

Korea’s Economic Stability and Resilience in Time of Crisis

In the wake of the fall of Lehman Brothers, in the fourth quarter of 2008 and the first quarter of 2009 Korea was faced with...

Lee Jun-kyu

May 25, 2011

Publication

U.S.-Korea Economic Relations: A (Historical) View from Seoul

What corresponding changes are being made to the Korea-U.S. economic and trade relationship? If, through the changes of the last decade, our trade relationship has...

Kim Wonkyong

May 25, 2011

Publication

Housing Policy, Mortgage Markets, and Housing Outcomes in Korea

This paper aims to trace the major changes that took place in the Korean housing market and the housing finance system during the past decade,...

Cho Man

May 25, 2011

Publication

The Rocky Road for Modernizing the North Korean Economy

Rocky roads conjure images of pitfalls and jarring bumps on a tortuous journey toward some desired destination, without assurance that some calamity will not bar...

Mr. Bradley Babson

May 25, 2011

Publication

Economic Policy Reforms in the Lee Myung-Bak Administration

Between winning the election in December 2007 and taking office in February 2008, Lee Myungbak and his administration sketched out a massive reform program that...

Tony Michell

May 25, 2011

Publication

Global Financial Crisis and the Korean Economy: Issues and Perspectives

The year 2008 will be recorded in world history as a year in which the global capitalist system was threatened as a consequence of the...

Pyo Hak-kil

May 25, 2011

Publication

Korea’s Near-Term Economic Prospects and Challenges

Following several years of strong expansion, the Korean economy began losing momentum in the second half of 2008 in the wake of the stress engulfing...

Leif Lybecker Eskesen

May 25, 2011

Publication

North Korea and International Financial Organizations: Political and Economic Barriers to Cooperation

North Korea’s economy has been on the verge of collapse since the beginning of the second nuclear crisis in 2002 because of the international community’s...

Lee Sang-hyun

May 25, 2011

Publication

Tax Reform in Korea

The tax burden in Korea—at 26 percent of gross domestic product (GDP) —was well below the average of the member countries of the Organization for...

Randall S. Jones

May 25, 2011

Publication

The Wall Street Panic and the Korean Economy

There may have been no one who anticipated the bankruptcy of Lehman Brothers, once one of the top five global investment banks. The shocking news...

Kim Dong-hwan

May 25, 2011

Publication

Impact of U.S. Financial and Economic Distress on South Korea

Korea’s economy in 2008 was adversely impacted by high commodity prices, especially oil, and by financial and real shocks started by the collapse of housing...

Thomas F. Cargill

May 25, 2011

Publication

Financial Asia Rising: Asian Stock Markets in the New Millennium

The twenty-first century has already been dubbed the Asian century. Although this nomination may be premature, it is certain that its fi rst decade belongs...

Karim Pakravan

May 25, 2011

Publication

The Roles of China and South Korea in North Korean Economic Change

The year 2007 demonstrated more clearly than ever that external economic engagement provides a chance to help convince North Korea to abandon isolation and take...

Mika Marumoto

May 25, 2011

Publication