Korea, South

Ghosts and goblins are everywhere in Korean folktales, causing havoc for people through their antics. Equally common are the shamans who act as intermediaries, helping offer solutions to life's supernatural…

South Korea's government has increased its focus on different forms of diplomacy in recent years, from the more traditional government-to-government outreach of the Moon Administration's North Korea policy to a…

With the world's attention on Singapore on June 12, U.S. President Donald Trump and North Korean Leader Kim Jong Un walked across a stage flanked by American and North Korean…

Covering news on the Korean peninsula can be a hectic task. With all the rapidly evolving developments in economics, politics, and society, it's often hard for journalists who cover the…

Corruption has a significant negative effect on economic growth through its impact on investment, competition, entrepreneurship, government efficiency and human capital formation. It also has important implications for numerous indicators of economic development, such as environmental quality, personal health and safety, income distribution and social trust. Reducing corruption should be a top priority. Many studies…

South Korea’s rapprochement with Japan and North Korea’s embrace of Russia significantly shaped events on the Korean Peninsula in 2023. Both promise to have a substantial impact on events in the coming year. After years of declining relations, South Korea took the initiative to mend ties with Japan by proposing a path for resolving the…

Investment Announcements December 20, 2023 ­­– LG Chem begins construction on its cathode plant in Clarksville, Tennessee, set to begin production in 2026. The $1.4 billion injection as part of the construction is the first phase of its $3.2 billion investment plan delineated in an MOU LG Chem signed with the State of Tennessee in…

For a twenty-year period, China had been the top export destination for Korean goods. Not so in December 2023, when Korea’s Ministry of Trade, Industry and Energy (MOTIE) announced that the United States had surpassed China to become Korea’s top goods export market on a monthly basis—marking the first time since 2003 that that was…

Please join KEI and KIEP for a discussion about the first 10 years of KORUS and the future of the U.S.-Korea economic relationship.