Economy & Trade - Korea Economic Institute of America

Tax Issues Affecting Foreign-Invested Companies and Foreign Investors

Korea’s regulatory environment is often cited as being one of the most difficult aspects of doing business in Korea. Among the various regulations that foreign...

David Jin-Young Lee

May 25, 2011

Publication

Ingredients for a Well-Functioning Capital Market

Well-functioning capital markets should encourage private saving and investment by channeling surplus funds to reach their most productive uses. In the process, well-functioning capital markets...

Francis E. Warnock

May 25, 2011

Publication

The Capital Market Consolidation Act and the Korean Financial Market

After the Asian financial crisis of 1997, the Korean government geared up to carry out financial restructuring. As a result, the number of domestic financial...

Kim Dong-hwan

May 25, 2011

Publication

Korea’s Money Market

Korea’s money market includes the call market as well as markets for monetary stabilization bonds (MSBs), negotiable certifi cates of deposit (CDs), repurchase agreements (repos),...

Dominique Dwor-Frecaut

May 25, 2011

Publication

Progress in Corporate Governance

This article investigates the progress in corporate governance reform in Korea since 1997 as well as current corporate governance challenges. It focuses on corporate governance...

Stijn Claessens

May 25, 2011

Publication

Korea’s Economic Achievements and Prospects

According to a preliminary estimate by the Bank of Korea on 4 January 2008, Korea’s per capita gross domestic product (GDP) and per capita gross...

Pyo Hak-kil

May 25, 2011

Publication

U.S.-Korea Economic Relations: View from Seoul

The year 2007 displayed remarkable progress in Korea-U.S. economic relations on many different levels. At the global level, our two countries have worked closely together...

Han Dongman

May 25, 2011

Publication

How North Korea Finances its International Trade Deficit: an Educated Guess

The Democratic People’s Republic of Korea (henceforth North Korea) certainly seems to like being different from other countries. Whereas governments of virtually all the world’s...

Edward M. Graham

May 25, 2011

Publication

Realistic Expectations of the Future Role of the International Financial Institutions on the Korean Peninsula

Recent developments on the Korean peninsula are raising expectations that the DPRK may finally be ready for a new era of political rapprochement and economic...

Mr. Bradley Babson

May 25, 2011

Publication

East Asian Economic Integration: Implications of a U.S.-Korea Free Trade Agreement

The United States and Korea finished the eighth round of negotiations for a bilateral free trade agreement (FTA) in mid-March 2007, and the agreement is...

Cheong Inkyo

May 25, 2011

Publication

U.S.-Republic of Korea Economic Relatoins: A Washington Perspective

The U.S.-ROK bilateral economic relationship entered a new era 1 April 2007 when President George W. Bush notified the U.S. Congress of his intent to...

Jordan Heiber

May 25, 2011

Publication

Korea-U.S. Economic Relations in 2006

Economic relations between Korea and the United States reached new heights in the year 2006 with the launch of negotiations for a bilateral free trade...

Ahn Chong-ghee

May 25, 2011

Publication

Sustaining Rapid Growth in Korea through Innovation

Rapid economic development lifted Korea’s per capita income from 15 percent of the U.S. level in 1970 to approximately half by 2005. Growth has been...

Randall S. Jones

May 25, 2011

Publication

Impact of Private Equity Funds on the Korean Merger and Acquisition Market

The insatiable appetites of banks, insurance companies, pensions, endowments, and high-net-worth individuals make enormous capital possible for private equity funds. The private equity market has...

Lee Ho-jin

May 25, 2011

Publication

Prospects for Increasing Labor Market Flexibility in Korea

The importance of having an efficient labor market is growing because of recent trends such as globalization, the development of information-communication technology (ICT), and the...

Kim Sung-teak

May 25, 2011

Publication