The US-Korea Economic Partnership

The US-Korea Economic Partnership
Author: Yŏn-sŏk Kim
Publisher:
Total Pages: 344
Release: 1995
Genre: Business & Economics
ISBN:

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South Korea-United States Economic Relations

South Korea-United States Economic Relations
Author: Mark E. Manyin
Publisher:
Total Pages: 29
Release: 2005
Genre: Electronic books
ISBN:

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South Korea is a major economic partner for the United States. Korea is the United States' seventh-largest trading partner -- ahead of Western European countries such as France and Italy -- and its sixth-largest export market. Korea also has become a significant investment site for American companies, which have poured nearly $20 billion into the country over the past 7 years. In 2003, the U.S. was Korea's largest trading partner, and its second-largest export market, source of imports, and supplier of foreign direct investment (FDI). Increased economic interaction has been accompanied by numerous disagreements over trade policies. The intensity of the disputes has diminished considerably since the late 1980s and early 1990s, in part because South Korea has enacted a set of sweeping market-oriented reforms as a quid pro quo for receiving a $58 billion package from the International Monetary Fund (IMF) following the near collapse of the its economy in 1997. In recent years, the United States and South Korea appear to have become more adept at managing their trade disputes, so that they tend to be less acrimonious than they were in the 1980s and 1990s. This is due in part to the quarterly, working-level bilateral trade meetings that were first held in early 2001. This report summarizes the main issues in U.S.-South Korean economic relations, including South Korea's economic prospects and economic reforms, and major bilateral economic disputes. The report will be updated periodically.

The Evolution of the South Korea–US Alliance

The Evolution of the South Korea–US Alliance
Author: Uk Heo
Publisher: Cambridge University Press
Total Pages: 293
Release: 2018-09-27
Genre: History
ISBN: 110710467X

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A comprehensive look at the role of history, economics, security, threat perception, and domestic politics in the South Korea-United States alliance.

South Korea at the Crossroads

South Korea at the Crossroads
Author: Scott A. Snyder
Publisher: Columbia University Press
Total Pages: 203
Release: 2018-01-02
Genre: Political Science
ISBN: 0231546181

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Against the backdrop of China’s mounting influence and North Korea’s growing nuclear capability and expanding missile arsenal, South Korea faces a set of strategic choices that will shape its economic prospects and national security. In South Korea at the Crossroads, Scott A. Snyder examines the trajectory of fifty years of South Korean foreign policy and offers predictions—and a prescription—for the future. Pairing a historical perspective with a shrewd understanding of today’s political landscape, Snyder contends that South Korea’s best strategy remains investing in a robust alliance with the United States. Snyder begins with South Korea’s effort in the 1960s to offset the risk of abandonment by the United States during the Vietnam War and the subsequent crisis in the alliance during the 1970s. A series of shifts in South Korean foreign relations followed: the “Nordpolitik” engagement with the Soviet Union and China at the end of the Cold War; Kim Dae Jung’s “Sunshine Policy,” designed to bring North Korea into the international community; “trustpolitik,” which sought to foster diplomacy with North Korea and Japan; and changes in South Korea’s relationship with the United States. Despite its rise as a leader in international financial, development, and climate-change forums, South Korea will likely still require the commitment of the United States to guarantee its security. Although China is a tempting option, Snyder argues that only the United States is both credible and capable in this role. South Korea remains vulnerable relative to other regional powers in northeast Asia despite its rising profile as a middle power, and it must balance the contradiction of desirable autonomy and necessary alliance.

The Economic Development of South Korea

The Economic Development of South Korea
Author: Seung-hun Chun
Publisher: Routledge
Total Pages: 460
Release: 2018-01-29
Genre: Business & Economics
ISBN: 1351215728

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How did a country with a dearth of natural resources, a sprawling population congested in a limited arable land transform itself to a modern industrial state within a generation? How could these have been achieved given the lingering geopolitical threats to its very survival as a state, as evidenced by the Korean War and the internecine aggressive posturing of its neighbor from the north? This book looks at strategies, institutional arrangement, role of entrepreneurs and workers in this odyssey, and on how those factors have worked together through effective leadership to transform South Korea’s economic fortunes.

U. S. -South Korea Relations

U. S. -South Korea Relations
Author: Congressional Research Congressional Research Service
Publisher: CreateSpace
Total Pages: 42
Release: 2015-01-02
Genre:
ISBN: 9781505558821

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South Korea is one of the United States' most important strategic and economic partners in Asia, and for the past five years relations between the two countries (known officially as the Republic of Korea, or ROK) have been arguably at their best state in decades. Members of Congress tend to be interested in South Korea-related issues for a number of reasons. First, the United States and South Korea have been allies since the early 1950s. The United States is committed to helping South Korea defend itself, particularly against any aggression from North Korea. 28,500 U.S. troops are based in the ROK and South Korea is included under the U.S. "nuclear umbrella." Second, Washington and Seoul cooperate over how to deal with the challenges posed by North Korea. Third, the two countries' economies are closely entwined and are joined by the Korea-U.S. Free Trade Agreement (KORUS FTA). South Korea is the United States' sixth-largest trading partner. The United States is South Korea's second-largest trading partner. In late 2013 and early 2014, South Korea took the first steps toward possible entry into the U.S.-led Trans-Pacific Partnership (TPP) free trade agreement negotiations.

Korea-United States Cooperation in the New World Order

Korea-United States Cooperation in the New World Order
Author: C. Fred Bergsten
Publisher: Peterson Institute for International Economics
Total Pages: 148
Release: 1996
Genre: International cooperation
ISBN:

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Korean and American policymakers and scholars at the 1995 meeting of the Korea-United States Twenty-First Century Council explored new dilemmas and opportunities presented by recent developments in Korea. In this volume they examine reunification, the impact of North Korean-US nuclear accord, trade frictions between Korea and the United States, and the role the two countries could play in the Asia Pacific, particularly through the Asia Pacific Economic Cooperation forum.

Free Trade Between Korea and the United States?

Free Trade Between Korea and the United States?
Author: In-bŏm Chʻoe
Publisher: Peterson Institute
Total Pages: 156
Release: 2001
Genre: Business & Economics
ISBN: 9780881323115

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This study examines the economic and political benefits of the U.S. pursuing Free Trade Agreement negotiations with Korea, which is pursuing FTA accords as part of a strategy to restructure its economy and sustain the recovery from its 1997-98 economic crisis. The authors examine the impact of a prospective pact on other trading partners, on the Asia-Pacific Economic Cooperation, and on the multilateral trading system.