Archive | Economics

The Federal Reserve Challenge for Korea

Higher interest rates will dampen the effectiveness of his promised stimulus package and, vis-à-vis a stronger dollar, make U.S. exports more expensive. While the latter will further complicate Korea’s relationship with Trump over the bilateral balance of trade, the biggest challenge to Korea stemming from the Fed rate rises will hit closer to home.

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Posted in Economics, slider, South Korea0 Comments

President Trump Praises Samsung for Plan to Manufacture in the U.S.

“Thank you, @Samsung! We would love to have you!” Donald Trump wrote on his personal Twitter account, linking to a story about a possible plan for the tech company to build a factory for home appliances in the United States.

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Why Korea is Hesitant to Accommodate the IMF’s Suggestion on Household Debt

South Korea faces a household debt crisis. Household debt reached more than 1,257 trillion won ($1.1 trillion) in the second quarter of this year, up 125.7 trillion won and 11.1 percent from a year ago. This marks the highest level for household debt since the government began compiling related data in 2002.

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Posted in Economics, slider, South Korea1 Comment

5 Books on Korean History Besides “The Two Koreas”

Any student of Korea policy knows “The Two Koreas,” by Don Oberdorfer. Famous both for its physical heft and its incredible detail, this book is regularly referenced as the go-to history book in Korea policy circles.

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Posted in Culture, Economics, North Korea, slider, South Korea0 Comments

The Meaning of Brexit

The Brexit decision marks a historic turning point that will have ramifications in expanding circles from inside the UK, to the EU, and to the rest of the world, including the United States and the Republic of Korea.

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Posted in Economics, Korea Abroad, slider2 Comments

Growing Pains: The Case of Kakao

The runaway success of Kakao’s mobile messaging app can be easily seen by its near universal use in South Korea. From high school students to working professionals, three-quarters of South Korea’s 50 million residents use Kakao’s free messaging service monthly with an additional 10 million monthly users outside of South Korea.

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South Korea’s June 9 Surprise: Economic History Worth Replicating in North Korea

September, 1961 was not a happy time in South Korea, and parallels to today’s North Korea are uncanny.

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The Peninsula blog is a project of the Korea Economic Institute. It is designed to provide a wide ranging forum for discussion of the foreign policy, economic, and social issues that impact the Korean peninsula. The views expressed on The Peninsula are those of the authors alone, and should not be taken to represent the views of either the editors or the Korea Economic Institute. For questions, comments, or to submit a post to The Peninsula, please contact us at ts@keia.org.