Economy & Trade - Korea Economic Institute of America

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Economy & Trade

Analysis and publications on economic policy, trade relations, business, financial issues, and commercial developments affecting U.S.-Korea relations.

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Global Financial Crisis and Systemic Risks in the Korean Banking Sector

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,...

Myung-koo Kang

May 25, 2009

Publication

Minimizing the Aftershocks of the Korea-U.S. FTA: How to Manage Disputes Arising from the Two Countries’ Discrepant Perspectives and Legal Systems

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...

Jaemin Lee

September 25, 2008

Publication

A Cultural and Philosophical Perspective on Korea’s Education Reform: A Critical Way to Maintain Korea’s Economic Momentum

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,...

S.J. Chang

March 25, 2008

Publication

Implications of Liberalizing Korea-U.S. Trade in the Automobile Sector: Potential Impact of the Korea-U.S. Free Trade Agreement

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...

Sang-yirl Nam

February 25, 2008

Publication

The Economic Future of North Korea: Will the Market Rule?

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...

Georgy Toloraya

December 25, 2007

Publication