Korea Economic Institute

03/24/2023

Gov. Kemp: Qcells Supplier to Invest $147 Million in Cartersville Manufacturing Facility

Hanwha Advanced Materials Georgia, Inc. (HAGA) will invest $147M in a new manufacturing facility in Cartersville, GA to supply encapsulant films to Qcell. A subsidiary of Hanwha Group, HAGA will be the only company in the U.S. manufacturing these films.
https://bit.ly/40cXAkn

Atlanta, GA – Governor Brian P. Kemp today announced that Hanwha Advanced Materials Georgia, Inc. (HAGA), a manufacturer of lightweight advanced materials for sustainable technology, will create more than 160 new jobs in the City of Cartersville. The company will invest an estimated $147 million i...

03/22/2023

Artificial intelligence and the future of the Korean economy

In order for "Korea to maintain its manufacturing edge and reap the benefits of AI, it will need to develop a more robust software industry with access to high-quality data." Latest from KEI's Senior Director Troy Stangarone via
https://bit.ly/3JwoDAn

Manufacturing has historically been one of the keys to Korea's economic success. Korean firms have moved up the value chain to become world-class manufacturers in high-value sectors such as semiconductors, automobiles, consumer electronics and shipbuilding.

03/22/2023

: After losing money in land speculation, Lee Byeong-cheol moves to Daegu and founds a foodstuff business in 1938. This is the beginning of the Samsung Group.

03/21/2023

: Hearing that civil society leaders in Seoul declared Korea's independence earlier that month, the people of Jeju Island rally to protest the country's occupation by Japan in 1919. This underscores the nationwide aspiration of the independence movement.

03/15/2023

🔴 We're LIVE 🔴
Join us online : https://www.youtube.com/live/_w8ajr1PCcY?feature=share

03/14/2023

📆 Tomorrow at 9 AM EDT 📆
Join us for a special publication launch examining the historical background, domestic discourse, and international implications of the South Korean nuclear armament debate. RSVP to join virtually 📩 https://bit.ly/3Zgd5HG

03/13/2023

: Sweden, Norway, and Denmark agree to help establish the National Medical Center in 1956. These countries had begun their medical assistance to South Korea as part of the UN mission during the Korean War. Seoul City Hospital was a byproduct of this agreement.

03/12/2023

: North Korea declares its intention to withdraw from the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) in 1993. Although negotiations with the United States led to Pyongyang's continued commitment, the regime formally withdraws in 2003.

03/11/2023

: South Korea formally establishes diplomatic relations with Sweden in 1959. The relationship between the two countries began with Sweden's medical assistance to Korea during the Korean War.

03/11/2023

KEI was honored to host Amb. Taeyong Cho, Amb. Philip Goldberg, Amb. Chris Hill, Amb. Thomas Hubbard, Amb. Alexander Vershbow, Amb. Kathleen Stephens, and Amb. Harry Harris to celebrate the 70th anniv. of the 🇰🇷 🇺🇸 alliance. Moderated by Amb. Joseph Yun & co-sponsored by the Embassy of the Republic of Korea in the USA. #한미동맹70주년
Watch the video 🖥️ - https://bit.ly/3LdI4jA

03/09/2023

The ROK-U.S. Alliance at 70: Fireside Chat with Ambassadors

🔴 We're LIVE 🔴
https://bit.ly/3T3QZWH

The U.S.-ROK alliance is entering a new era of cooperation and partnership 70 years after its birth in the Mutual Defense Treaty of 1953. Moving from a prima...

03/09/2023

: South Korea formally promulgates its emigration law in 1962. This set the stage for state-sponsored emigration to Brazil where agricultural workers were sought. Others would later depart for the United States and Germany, forming a new diaspora community.

03/08/2023

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03/07/2023

: South Korean and U.S. forces initiate joint military exercises "Team Spirit" in 1978. Involving 110,000 soldiers, these annual exercises began in 1976 and would continue until 1993. It is the direct predecessor of more recent Key Resolve exercises.

03/06/2023

The Forced Labor Solution - The Triumph Of Korean Leadership Over Japanese Timidity - Korea Economic Institute of America

ROK's plan to resolve the Korean wartime forced laborers issue marked "a triumph almost entirely due to Korea & the government of President Yoon, in contrast to the timidity and political caution displayed by PM Kishida and his government."
https://bit.ly/3KY3NvZ

The announcement of a plan to resolve the issue of Korean wartime forced laborers was driven by the Korean government, but can it hold?

03/06/2023

: Emperor Gojong proclaims the Taegeukgi as the official Korean flag in 1883. It would be adopted by the provisional government during Japanese colonial rule and formally adopted as the flag of the Republic of Korea in July 1948.

03/05/2023

: One of South Korea's largest daily newspapers Chosun Ilbo is founded in 1920.

03/03/2023

: South Korean troops discover the fourth North Korean infiltration tunnel in 1990. These tunnels were secretly dug underneath the DMZ to facilitate the movement of agents and troops across the border. This was the first tunnel to be discovered since the 1970s.

03/02/2023

Sprout Social Photos

03/01/2023

: Religious and civil society leaders gather in Seoul's Tapgol Park to declare Korea's independence in 1919. This triggered nationwide protests against Japanese colonial rule and led to the establishment of the provisional Korean government in April that year.

02/28/2023

10 Issues to Watch for on the Korean Peninsula in 2023

Russia’s invasion of Ukraine, COVID, inflation, and elections in South Korea were among the key issues that shaped the Korean Peninsula last year. What will be the key issues for the year ahead? Here is the full video version of KEI's
https://bit.ly/3KHeLWn

One of the most significant events to impact the Korean Peninsula in 2022 was Russia’s invasion of Ukraine. The war reshaped South Korean sanctions policy, f...

02/28/2023

EV battery supplier Dongwha Electrolyte to open $70 million plant in Clarksville | ClarksvilleNow.com

🇰🇷 EV battery supplier Dongwha Electrolyte will open a "$70 mil manufacturing plant in Clarksville, TN, creating 68 jobs that pay $55K to $150K per year." They'll be a "key component in EV battery production in support of LG Chem" via
https://bit.ly/3F6bTz1

Dongwha Electrolyte USA Inc. officials announced today that the company will establish manufacturing operations in the U.S., locating its first facility here.

02/28/2023

: High school students in Daegu rise up in protest against the authoritarian regime of Syngman Rhee in 1960. Coming in response to government attempts to stop students from attending opposition rallies, this became the trigger for the April Student Revolution.

02/23/2023

The South Korean Nuclear Armament Debate - Korea Economic Institute of America

📅 SAVE THE DATE | March 15 at 9 AM EST 📅
KEI will host a special publication launch event on South Korea’s nuclear armament debate, examining it from a historical, domestic, and international perspective.
RSVP 📩 https://bit.ly/3Zgd5HG

South Korea’s nuclear armament debate received renewed attention in 2023. But, this issue is one that has animated Korean politics, both domestic and international, for the past five decades. To explore this multifaceted issue, KEI brought together 13 young, up-and-coming experts to cover the Sout...

02/14/2023

Top 10 Issues - North Korea and COVID

- 9️⃣ North Korea and COVID: From a fragile healthcare system to border closures with China, the impacts of COVID and the draconian efforts to prevent its spread are likely to continue to be a leading issue for Pyongyang in 2023.

02/14/2023

Global Economic Outlook 2023 - CKGSB

⏰ Feb. 20 at 8 PM EST / Feb. 21 at 10 AM KST ⏰
KEI's Vice President Mark Tokola will join and to discuss U.S. and China economic developments & policy in 2023, and their impact on the global economy. RSVP to receive the link 📩 - https://bit.ly/3HTvseu

As global growth is expected to slow in 2023 due to higher inflation, interest rates hikes, reduced investments and geopolitical turmoil, China’s recovery from the pandemic could be an important booster towards global economic growth. However, one factor that could affect this recovery is the inte...

02/13/2023

Top 10 Issues - North Korea's Nuclear Weapons

- 8️⃣ North Korea's Nuclear Weapons: With Kim Jong-un making his regime’s intention clear about “exponentially increasing” nuclear weapons production and stressing a willingness to use them for offensive and defensive purposes, the prospects for negotiations remain dim.

02/10/2023

Top 10 Issues - Busan Expo 2030

- 7️⃣ : South Korea has been all-in on Busan’s bid to host the 2030 World Expo. Busan’s efforts to garner support are focused on developing and underdeveloped countries in the pacific islands, Africa, and Latin America before the GA election in Nov.

02/10/2023

Top 10 Issues - Korea's Indo-Pacific Strategy

- 6️⃣ Indo-Pacific Strategy: ROK's new Indo-Pacific Strategy document states Korea should strengthen its ties with “future-oriented partnerships," explicitly listing: Japan, Australia, India, ASEAN, the EU, NATO, France, Germany, and the UK.

02/10/2023

📆 Tomorrow at 4 PM EST 📆 - KEI and Institute for Korean Studies will host a panel discussion titled, "Rethinking the Liberal International Order in Asia Under the Impact of the Ukraine War."
Register to receive the Zoom link - https://bit.ly/3IfwWRD

02/06/2023

Top 10 Issues - Korea Japan Relations

- 5⃣ Korea-Japan Relations: Improving relations with Japan has been a priority for President Yoon, but any progress on Korea-Japan cooperation will depend on whether they can reach an amicable resolution to the legal cases regarding Japan’s use of Korean forced labor.

02/03/2023

Top 10 Issues - US- Korea Alliance

- 4️⃣ 70 Years of Alliance: United States and Korea will highlight the transformation of a once asymmetric alliance into a broader and deeper partnership encompassing shared democratic and free-market values, economic linkages, and support for a rules-based international order.

02/03/2023

On Feb. 8, KEI President will join , President Emeritus of the , for a conversation on the U.S. role in Northeast Asian security hosted by https://sforce.co/3WhGShc

02/02/2023

Top 10 Issues - Korean Soft Power

- 3⃣ Korean Soft Power: In addition to pop culture, South Korea can expand its soft power in the development of emerging technology & further cooperation with SE Asia in areas like climate change, development, and human rights.

02/01/2023

Top 10 Issues in 2023 - Ukraine

- 2️⃣ War in Ukraine: 2023 could be the year for a review of South Korea's energy dependency, not just on Russia but also on suppliers from the Middle East and elsewhere. Strengthening trade partnerships with the United States, the EU, ASEAN, and Japan will also remain relevant to shore up critical supply chains.

02/01/2023

Seoyon E-HWA Joins Growing List of Hyundai Suppliers, Nearly Doubles Georgia Employment | Georgia Department of Economic Development

More Korean FDI in Georgia! Seoyon E-HWA, a “global auto parts supplier that manufactures both interior and exterior components, will invest almost $76 million in a new manufacturing facility" in Savannah, creating 740 new direct and indirect jobs.
https://bit.ly/3kW7HdM

Newsroom Events Calendar Blogs Newsletter Digital Library Videos Breadcrumb Home Seoyon E-HWA Joins Growing List of Hyundai Suppliers, Nearly Doubles Georgia Employment Seoyon E-HWA Joins Growing List of Hyundai Suppliers, Nearly Doubles Georgia Employment ATLANTA – February 1, 2023 – Governor B...

01/31/2023

Top 10 Issues - IRA

- 1⃣ The IRA 📃: Since its passage last year, the EV provisions of the Inflation Reduction Act have been a significant source of tension in U.S.-Korea relations.

01/31/2023

Sprout Social Photos

01/31/2023

Sprout Social Photos