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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.

2023 in Review: North Korea Slowly Begins to Reopen to the World

Troy Stangarone
December 26, 2023
Some North Korean pandemic restrictions continue to remain in place despite the rest of the world having returned to normal.

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2023 in Review: Korea and the Inflation Reduction Act

Tom Ramage
December 22, 2023
The Inflation Reduction Act (IRA) had been the source of significant uncertainty for Korean Electric Vehicle (EV) makers and their suppliers.

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2023 in Review: South Korea’s Indo-Pacific Strategy

Sea Young (Sarah) Kim
December 21, 2023
Korea has strived to bolster its image as a “global pivotal state” in both mending and fortifying relations with like-minded nations.

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2023 in Review: The Deepening of Trilateral Cooperation

Daniel Sneider
December 20, 2023
The intensity, level, and sweep of trilateral cooperation we have seen in the past year has gone beyond any previous efforts.

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2023 in Review: Navigating the Complex Waves of Korea-Japan Relations

Terrence Matsuo
December 19, 2023
While progress has been made in easing the tension between Seoul and Tōkyō, perennial historical issues will be challenges in the new year.

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Korea’s Economic Growth is Projected to Accelerate Following the Slowdown in 2023

Randall S. Jones
December 11, 2023
Korea’s real GDP growth will rebound to more than 2 percent in 2024 and 2025, according to the OECD's bi-annual economic projections.

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What the New IRA Guidance Means for Korean EV Suppliers

Tom Ramage
December 6, 2023
The latest guidance for EV makers doubles down on National Security Advisor Jake Sullivan’s U.S. vision for a “small yard, high fence.”

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More Evidence of Russia’s Stronger Relationship with North Korea

Terrence Matsuo
December 1, 2023
Washington and Seoul must carefully watch how this partnership evolves, and prepare for an even less inhibited North Korea.

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