Analysis and publications on economic policy, trade relations, business, financial issues, and commercial developments affecting U.S.-Korea relations.
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Korea is in the midst of the most rapid demographic transition of any member country of the Organization for Economic Cooperation and Development (OECD); the...
There are few areas about which there is a greater range of opinions among international monetary experts than the issue of exchange rate regimes. Eminent...
In 2005, the Korean government implemented a number of new financial policies. Of those, two policy measures deserve special attention because of their potentially significant...
After two years of sluggish growth, the Korean economy is now recovering. Economic activity began to revive in the early part of 2005 and accelerated...
The Korea-U.S. Free Trade Agreement (KORUS FTA) and the Korea-European Union Free Trade Agreement (Korea-EU FTA) are the major FTAs for the Korean economy. Although...
This article is aimed at analyzing, in a comparative perspective, the economic reforms undertaken by Democratic People’s Republic of Korea (DPRK, or North Korea) and...
With North Korea becoming increasingly politically isolated, there are few channels through which the international community can remain engaged. Despite the distaste most have for...
An old Korean proverb says that when two whales fight it is the shrimps whose backs are crushed. Maybe that proverb best describes Korea’s situation...
The purpose of this research is to identify an exchange rate regime that would be suitable for North Korea to achieve its goal of economic...
This paper reviews and evaluates the development of Bank of Korea policy in historical and comparative perspective. The historical perspective focuses on the most recent...
Financial crises are more common than people usually expect. In fact, 139 financial crises from 1973 to 1997 have been identified by Eichengreen and Bordo,...
After the U.S.-Korea Free Trade Agreement (KORUS FTA) is approved by the legislatures of Korea and the United States, it will likely provide a turning...
During the past several decades numerous discussions about the problems of education in South Korea have been advanced by government officials, education experts, teachers, students,...
The automobile industry is a dynamic and significant sec-tor in most of the major economies in the world. It is closely related to various other...
More than two decades ago, when the USSR still existed and the concept of the world socialist system presumed that all socialist countries were developing...