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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. milani5_Fatemeh BahramiAnadolu via Getty Images_iran raisi Fatemeh Bahrami/Anadolu via Getty Images

    Iran’s Succession Crisis Is a Legitimacy Crisis

    Abbas Milani explains why few Iranians within or outside the country truly mourn the death of President Ebrahim Raisi.
  2. rogoff249_Alex WongGetty Images_powellbiden Alex Wong/Getty Images

    Central Banks’ New-Old Inflationary Bias

    Kenneth Rogoff explains why policymakers are more likely to risk higher prices during periods of economic uncertainty.
  3. slaughter103_ BSIPUniversal Images Group via Getty Images_ai elderly BSIP/Universal Images Group via Getty Images

    Can AI Improve Family Life?

    Anne-Marie Slaughter & Avni Patel Thompson foresee parents and other caregivers spending more time on meaningful activities, and less time on drudgery.
  4. r2hoffman1_Aleksandr DurnovGetty Images_aihuman Aleksandr Durnov/Getty Images

    Maxims for the AI Age

    Reid Hoffman

    Far too often, debates about technology, innovation, and progress fall into crude dichotomies – humans versus machines, utopia versus dystopia – that distract from the matter at hand. Rather than fixating on extremes, we should adopt a more nuanced and historically informed view of our tools, and of ourselves.

    offers six principles to guide our thinking about the technology's potential risks and rewards.
  5. frankel160_ NIKOLAY DOYCHINOVAFP via Getty Images_EUpollution Nikolay Doychinov/AFP via Getty Images

    Europe’s Carbon Border Tax Advances the Fight Against Climate Change

    Jeffrey Frankel shows how the European Union’s carbon-price mechanism could encourage other countries to follow suit.
  6. moghalu4_Peter TitmusUCGUniversal Images Group via Getty Images_southafricashipping Peter Titmus/UCG/Universal Images Group via Getty Images

    Africa Can’t Prosper Without Regional Trade

    Kingsley Moghalu argues that the continent has been missing a key ingredient of robust, sustained growth.
  7. krueger75_Kent NishimuraGetty Images_israelprotest Kent Nishimura/Getty Images

    Divestment from Israel Will Not Bring Peace

    Anne O. Krueger argues that meeting protesters' demand would weaken US universities – one of America’s sources of strength.
  8. bp - trade war Photo by Costfoto/NurPhoto via Getty Images

    The US-China Trade War Heats Up

    A spate of new US tariffs on Chinese goods has raised the specter of full economic decoupling between the world’s two largest economies. For many observers, the measures are not only misguided, but also counter-productive, with the potential to undermine economic dynamism, hamper climate action, and trigger geopolitical conflict.

  9. op_rajan4_MANJUNATH KIRANAFP via Getty Images_Indiastartup Manjunath Kiran/AFP via Getty Images

    The Indian Election and the Country’s Economic Future

    Raghuram G. Rajan

    Economically, India today feels like a place of limitless possibilities. But with only a narrow window in which to grow rich before it grows old, the policy decisions it makes today will have an outsize influence on its future prospects.

    worries that the country will squander its massive potential by trying to emulate China's growth strategy.

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