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Keun Lee

Keun Lee

Writing for PS since 2021
17 commentaries

Keun Lee, a former vice chair of the National Economic Advisory Council for the President of South Korea, is Distinguished Professor of Economics at Seoul National University, a fellow at CIFAR, an editor at Research Policy, and the author, most recently, of Innovation-Development Detours for Latecomers: Managing Global-Local Interfaces in the De-Globalization Era (Cambridge University Press, 2024).

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  1. What Fiscally Sound Industrial Policy Can Do
    klee19_Gerhard JorenLightRocket via Getty Images_hyundaimanufacturing Gerhard Joren/LightRocket via Getty Images

    What Fiscally Sound Industrial Policy Can Do

    May 2, 2024 Keun Lee highlights three tools that can support domestic-market growth and development without breaking the bank.

  2. Making the Most of FDI
    klee18_Daniel BerehulakGetty Images_shenzhen Daniel Berehulak/Getty Images

    Making the Most of FDI

    Feb 22, 2024 Keun Lee considers what it takes to convert foreign investment into growth, development, and technological upgrading.

  3. South Korea and the US-China Rivalry
    klee17_Chris JungNurPhoto via Getty Images_south korea Chris JungNurPhoto via Getty Images

    South Korea and the US-China Rivalry

    Dec 22, 2023 Keun Lee shows that, while protectionist policies benefit some firms, the overall effect on third parties is negative.

  4. Time For a Coffee Cartel?
    klee16_CARL DE SOUZAAFP via Getty Images_coffee CARL DE SOUZA/AFP via Getty Images

    Time For a Coffee Cartel?

    Oct 25, 2023 Keun Lee thinks producers in the Global South should consider the option to boost their bargaining power and revenues.

  5. The Key to Greening Heavy Industry
    klee15_ INA FASSBENDERAFP via Getty Images_green hydrogen INA FASSBENDERAFP via Getty Images

    The Key to Greening Heavy Industry

    Aug 21, 2023 Keun Lee & John Mathews tout breakthroughs in green-hydrogen production that promise to accelerate the net-zero transition.

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  1. subramanian41_PUNIT PARANJPEAFP via Getty Images_india solar panels PUNIT PARANJPE/AFP via Getty Images

    The Sino-American Trade War Benefits China’s Competitors

    Arvind Subramanian warns that escalating protectionism, while dangerous, could end up helping developing countries like India.
  2. chellaney175_ Kiyoshi Ota  PoolAnadolu Agency via Getty Images_QUAD Kiyoshi Ota / Pool/Anadolu Agency via Getty Images

    Is the Quad Becoming a Potemkin Alliance?

    Brahma Chellaney fears that US President Joe Biden’s conciliatory approach toward China is undermining Indo-Pacific security.
  3. goldberg29_Justin SullivanGetty Images_electricvehicles Justin Sullivan/Getty Images

    The High Costs of the New US Tariffs on Chinese EVs

    Pinelopi Koujianou Goldberg

    Every time one set of protectionist measures against China disappoints, the United States escalates its economic war in the hope that additional restrictions will prove more effective. Yet by slapping massive tariffs on Chinese electric vehicles, America has laid bare its own hypocrisy and economic vulnerabilities.

    laments the Biden administration's embrace of costly, futile efforts to outcompete low-cost rivals.
  4. ruto4_LUIS TATOAFP via Getty Images_kenyafloods Luis Tato/AFP via Getty Images

    How G7 Leaders Can Unlock Financing for Africa

    William Ruto

    With many African countries trapped in perpetual cycles of debt, financing investment in sustainable development has become increasingly difficult, if not impossible. The situation demands that wealthy countries step up and offer debt relief and cancellation, in addition to more concessional and long-term financing.

    urges wealthy countries to help bring the global financial system into line with the developing world's needs.
  5. delong200_Chip Somodevilla_Getty Images Chip Somodevilla/Getty Images

    The Threat of Trumpflation and a Fed War

    J. Bradford DeLong thinks monetary hawks should be more worried about the return of a populist demagogue to the White House.
  6. yi5_Kevin FrayerGetty Images_zero covid protest Chen Yihang/VCG via Getty Images

    Is China Too Old to Get Rich?

    Yi Fuxian explains why the country’s rising median age is at the root of its current malaise.
  7. bildt123_Shi KuanbingVCG via Getty Images_chinaEV Shi Kuanbing/VCG via Getty Images

    The Dangerous Retreat into Protectionism

    Carl Bildt warns that nothing good will come from a more deeply fragmented global economy.
  8. sonin5_Jakub PorzyckiNurPhoto via Getty Images_ukrainenato Jakub Porzycki/NurPhoto via Getty Images

    The Case for Ukraine’s NATO Accession

    Yuriy Gorodnichenko & Ilona Sologoub explain why giving in to the Kremlin’s nuclear blackmail could push the alliance into a death spiral.
  9. strain14_artificial intelligence drug development_ai Getty Images

    Don’t Believe the AI Hype

    Daron Acemoglu finds nothing to support widely cited assessments of the technology’s near-term potential.

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