Korea Institute for International Economic Policy

The Korea Institute for International Economic Policy (KIEP), established in 1989, is a government-funded economic research institute addressing the international economy and its relationship with Korea. The institute's goal is aimed to be a regional hub for international economic policy research and has served as a warehouse of information on Korea's international economic policies for nearly 30 years.

Abbreviation	KIEP
Formation	1989
Type	Think Tank
Headquarters	Sejong National Research Complex, 370, Sicheong-daero, Korea
Location	Sejong, South Korea
Website	http://www.kiep.go.kr/eng/index.do

Korea Institute for International Economic Policy
Hangul	대외경제정책연구원
Hanja	對外經濟政策硏究院
Revised Romanization	Daeoe gyeongje jeongchaek yeonguwon
McCune–Reischauer	Taeoe kyŏngje chŏngch'aek yŏn'guwŏn

As a government-funded research institute, the KIEP have claimed to accomplished critical research and in-depth analysis on international economic policy issues, including international macroeconomics, finance, trade and commerce, international investment, international financial cooperation, and regional studies for a variety of governmental agencies and research partners.

In July 2023, Professor Siwook Lee was appointed the president of the institute.^[1]

The Korea Economic Institute of America is run by the KEIP, and is registered under the Foreign Agents Registration Act.^[2]

History

• 1989 KIEP (Korea Institute for International Economic Policy) Foundation established.
• 1989 Special Act for Foundation of KIEP announced; Korea Institute for International Economic Policy officially founded. (KIEP Foundation disbanded.)
• 1990 Supervisory responsibility over US KEI transferred to KIEP, and KOPEC Secretariat relocated to KIEP.
• 1992 Establishment of the Northern Regional Center. (Int’l Private Economic Council of Korea disbanded.)
• 1992 Northern Regional Center renamed as Center for Regional Information.
• 1994 Designated as the secretariat for Korea's Official Pool of International Economists.
• 1994 Designated as the Korea APEC Study Center. (International Economy Coordinating Committee.)
• 1995 KIEP Beijing Office established.
• 1997 Establishment of Center for Northeast Asia Research and Development (CNARD).
• 1997 Center for Regional Information becomes part of KIEP.
• 1999 The Act for the establishment of KIEP changed. (KIEP Act → Act for establishment, operation, and development of government-funded research institutions.)
• 2000 Regional Information Center abolished, and Center for Regional Economic Studies & Research established.
• 2002 Establishment of the DDA Research Center.
• 2003 Center for Northeast Asia Research Development abolished, and Center for Northeast Asian Cooperation established.
• 2005 Establishment of the SNU-KIEP EU Center.
• 2008 Center for Northeast Asian Cooperation abolished, and Center for International Development Cooperation established.
• 2010 China Regional and Provincial Research Group launched.
• 2011 Responsibility for KOPEC Secretariat services transferred to KIEP. (The incorporated association of the KOPEC disbanded and absorbed into KIEP.)
• 2011 Center for Regional Economic Studies & Research abolished, and Center for Emerging Economies Research established.
• 2012 Designated as a specialized research institution for international events by the instructions of the Ministry of Strategy and Finance. (Regulation on international event invitation and hosting.)
• 2012 Korea-China FTA Research Support Group launched.
• 2013 East Asia FTA (EAFTA) Research Support Group launched.
• 2014 G20 Research Support Group launched.
• 2014 Establishment of the KU-KIEP EU Center.
• 2015 Establishment of the Department of Northeast Asian Economies, and the Strategy Research Team.
• 2017 KIEP awarded as a leading research institute in 2016.
• 2018 Center for Area Studies established. (Chinese Economy Department, Advanced Economies Department, New Southern Policy Department, New Northern Policy Department expanded and reorganized.)
• 2020 Center for International Development Cooperation established.

Organization

• International Macroeconomics & Finance Dept.
• International Trade Dept.
• Center for Area Studies
  • Chinese Economy Dept. analyzes Chinese economy.
  • Advanced Economies Dept. analyzes advanced regional economies in America, the EU and Japan and economic cooperation with East Asian nations.
  • New Southern Policy Dept
  • New Northern Policy Dept.
• Center for International Development Cooperation
  • Center for International Development Cooperation