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U.S. President Donald Trump has taken a radical approach in his efforts to transform the global economic and security order to align with the rhetoric of his first administration. In the meantime, South Korea has been embroiled in domestic political paralysis and a difficult power transition to progressive leadership in the aftermath of Yoon Suk…

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Region: Indo-Pacific
August 14, 2025

The upcoming summit between U.S. President Donald Trump and newly elected South Korean President Lee Jae Myung is shaping up to be a crucial moment in the more than seventy-year-long alliance. The two leaders inked a vague agreement on trade and investment late last month, which appears to have opened the door to good relations,…

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Region: Indo-Pacific
August 13, 2025

The U.S. and South Korean economies rebounded faster than expected in the second quarter this year, with annualized rates rising 3 percent and 2.4 percent, respectively. Growth remains steady despite widespread predictions of recessions in both countries, driven in part by political changes in Korea and large tariff announcements in the United States. Forecasts for…

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Region: Indo-Pacific
August 12, 2025

The following policy brief is part of a limited series from the Korea Economic Institute of America inspired by the latest edition of Korea Policy, Volume 3 Issue 1. You can read the author's full paper by clicking here.  The return of Donald Trump to the Oval Office has ushered in an era of uncertainty.…

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Region: Indo-Pacific

The following policy brief is part of a limited series from the Korea Economic Institute of America inspired by the latest edition of Korea Policy, Volume 3 Issue 1. You can read the author's full paper by clicking here.  The second Donald Trump administration's policy reversals are undermining three decades of U.S.-Vietnam reconciliation and cooperation,…

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Region: Indo-Pacific
August 8, 2025

The following policy brief is part of a limited series from the Korea Economic Institute of America inspired by the latest edition of Korea Policy, Volume 3 Issue 1. You can read the author's full paper by clicking here.  Australia and South Korea are U.S.-aligned middle powers increasingly engaging in direct bilateral and multilateral cooperation,…

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Region: Indo-Pacific
August 6, 2025

The following policy brief is part of a limited series from the Korea Economic Institute of America inspired by the latest edition of Korea Policy, Volume 3 Issue 1. You can read the author's full paper by clicking here.  The U.S. presidential election marked the beginning of a new era of retrenchment. The new Donald…

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Region: Indo-Pacific
August 5, 2025

In the mid-1980s, Vietnam adopted a series of economic and political reforms to transition its economy from a centrally planned system to more of a market economy. These Doi Moi reforms laid the foundation for Vietnam’s transformation from a virtually closed agrarian economy to a major exporter and destination for foreign direct investment (FDI). Real GDP rose…

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Region: Indo-Pacific
August 4, 2025

The following policy brief is part of a limited series from the Korea Economic Institute of America inspired by the latest edition of Korea Policy, Volume 3 Issue 1. You can read the author's full paper by clicking here.  The return of U.S. President Donald Trump to the White House in 2025 has brought a…

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Region: Indo-Pacific
August 1, 2025