Analysis and publications on economic policy, trade relations, business, financial issues, and commercial developments affecting U.S.-Korea relations.
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2023 in Review: North Korea Slowly Begins to Reopen to the World
Some North Korean pandemic restrictions continue to remain in place despite the rest of the world having returned to normal.
2023 in Review: Korea and the Inflation Reduction Act
The Inflation Reduction Act (IRA) had been the source of significant uncertainty for Korean Electric Vehicle (EV) makers and their suppliers.
Korea’s Economic Growth is Projected to Accelerate Following the Slowdown in 2023
Korea’s real GDP growth will rebound to more than 2 percent in 2024 and 2025, according to the OECD's bi-annual economic projections.
What the New IRA Guidance Means for Korean EV Suppliers
The latest guidance for EV makers doubles down on National Security Advisor Jake Sullivan’s U.S. vision for a “small yard, high fence.”
Increasing Korea’s Potential Growth Rate
Korea needs to utilize its strengths to strengthen lagging sectors and reduce the polarization in the Korean economy.
From ‘Six Children per Woman’ to 0.7: How South Korea Confronts its ‘Population Cliff’ and Shrinking Labor Force
Korea stands at a critical demographic juncture, facing a declining birthrate that has far-reaching implications for its economy and society.
China’s Real Estate Ripple Effect and Korea’s Brace for Impact
Analysts note that a spillover effect in the event of a crisis is limited. So far, the effects of the Evergrande crisis on Korea remain...
What Happened this Quarter: Q3 2023
What happened in U.S.-Korea trade and investment in the third quarter of 2023?
Trump’s Truck Tariff Straw Man
It is doubtful that Trump’s extension of the protective tariff on Korean pickup trucks had that much of an effect on the American market.
Economic Allies: Highlights of the Past Seventy Years of U.S.-Korea Economic Relations
No reflection of 70 years of the U.S.-Korea alliance would be complete without examining exactly what it means to be an economic ally.
Are foreign workers a solution to Korea’s demographic challenge?
Meeting Korea's demographic challenge requires a comprehensive strategy, including by making greater use of foreign workers.
A Wash, Rinse, and Repeat of Trump’s Korea Tariffs?
U.S. trade policy with South Korea has already made its way into the 2024 Republican primary talking points.
The Economic Components of the Camp David Trilateral Summit
The Camp David Summit marks the beginning of a new era and has implications far beyond security cooperation.