Economic Policy Issues: Joint Project with the Korea Development Institute


The East-West Center and the Korea Development Institute (KDI) have collaborated for more than 30 years in the publication of an annual series of studies on economic policy. Each year, the project organizers select a major economic issue of concern to policymakers in South Korea and elsewhere and design a book around related topics that require international inputs from a variety of practitioners and scholars. Current work focuses on long-term stagnation and deflation, with reference to the Japanese economy during the past two decades.

Authors from the Pacific-rim countries and the European Union are invited to prepare papers in their respective areas of specialization, with emphasis on lessons drawn from the experiences of their home countries or regions. The papers are presented at an annual conference, which is structured to include peer review from commentators and fellow authors. The papers are then edited at the East-West Center.

Among many distinguished economists who have contributed in recent years are David Autor, Jay Pil Choi, Barry Eichengreen, Takatoshi Ito, Alan Krueger, Hyungpyo Moon, David Neumark, Maurice Obstfeld, Hyun Song Shin, and J. Karl Scholz.

Recent publications

Kang, Dongsoo, and Andrew Mason, eds. (2016). Macroprudential regulation of international finance: Managing capital flows and exchange rates. Cheltenham, UK: Edward Elgar Publishing.

Scholz, John Karl, Hyungpyo Moon, and Sang-Hyop Lee, eds. (2015). Social policies in an age of austerity: A comparative analysis of the US and Korea. Cheltenham, UK: Edward Elgar.

Hahn, Chin Hee, Sang-Hyop Lee, and Kyoung-Soo Yoon, eds. (2012). Responding to climate change: Global experiences and the Korean perspective. Cheltenham, UK: Edward Elgar.

Obstfeld, Maurice, Dongchul Cho, and Andrew Mason, eds. (2012). Global economic crisis: Impacts, transmission, and recovery. Cheltenham, UK: Edward Elgar.

Hahn, Chin Hee, and Sang-Hyop Lee, eds. (2011). Reforms for Korea’s sustained growth. Seoul: KDI Press.

Kim, Joo Hoon, and Sang-Hyop Lee, eds. (2009). Restructuring small and medium-size enterprises in the age of globalization. Seoul: KDI Press.

Earlier publications

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See all current East-West Center Research Projects.