The Korea Institute for International Economic Policy (KIEP) was founded in 1990 as a government-funded economic research institute. It is a leading institute concerning the international economy and its relationship with Korea. KIEP advises the government on all major international economic policy issues and serves as a warehouse of information on Korea's international economic policies. KIEP has also been designated by the government as its Center for International Development Cooperation and the National APEC Study Center. KIEP possesses highly knowledgeable economic research staff as well as maintains a wide network of prominent local and international economics society, augmented by our affiliate in Beijing and our partnership with the Korea Economic Institute of America (KEI). KIEP continually strives to increase its coverage and grasp of world economic events, and expanding cooperative relations has been an important part of these efforts. In addition to many joint projects in progress, KIEP is aiming to become a part of a broad but close network of the world's leading research institutes.