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The Peninsula

The Peninsula blog is a project of the Korea Economic Institute. It is designed to provide a wide ranging forum for discussion of the foreign policy, economic, and social issues that impact the Korean peninsula.

March 2015: Backwards Steps in Inter-Korean Relations

Nicholas Hamisevicz
April 9, 2015
March was expected to be a difficult month for inter-Korean relations with the joint U.S.-ROK military exercises taking place and the lack of progress between the two Koreas in January and February.

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A Balanced Approach to North Korea

April 1, 2015
Although Washington has not signaled any intended shift in foreign policy, the rapidly changing East Asian security environment and the failure of current strategies necessitate a recalibration of the current U.S. position on North Korea

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Three Questions Behind Korea’s Decision to Join the Asia Infrastructure Investment Bank

Mark Tokola
March 30, 2015
There is a significant story behind the headlines about Korea applying to be one of the founding members of the Asian Infrastructure Investment Bank (AIIB), but it is not about whether South Korea likes the United States or China best.

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KORUS and EUKOR On Automotive: Progress, But Not There Yet

March 12, 2015
This is the third in a three part series on the U.S.-Korea Free Trade Agreement. The first part can be found here and the second part here. By Daniel P.…

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Third Anniversary of the KORUS FTA: What Does the KORUS FTA Mean for Services?

March 11, 2015
Free trade agreements such as the KORUS FTA certainly aim to expand bilateral trade flows, but the greater contribution of such agreements is in improving the global competitiveness of each partner.

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Three Years of the Implementation of the KORUS FTA: A Korean View

March 10, 2015
March 15th marks the third anniversary of the implementation of the KORUS FTA. Since then bilateral trade between Korea and the U.S. has increased by 1.1% in 2012, 1.7% in 2013, and 11.6% in 2014.

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Are U.S.-ROK Military Exercises Unnecessary Provocations?

Mark Tokola
February 27, 2015
Reasonable people might wonder if the North Korean may have a valid point when they complain that U.S.-ROK joint military exercises are unnecessarily provocative.

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February 2015: Working Separately, Not Together in Inter-Korean Relations

Nicholas Hamisevicz
February 26, 2015
With Koreans returning from the Lunar New Year holidays, another opportunity to return to a better state of inter-Korean affairs passed as well.

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