Korea, South

In December 1950, while fighting the advancing Chinese army and bitter Korean winter, Colonel Edward Forney and other American and Korean officers managed to evacuate all troops as well as…

On May 10, former human rights lawyer Moon Jae-In officially became the next president of South Korea, filling an office that had been empty since former President Park Geun-Hye's impeachment…

After the closure of the Kaesong Industrial Complex last year, economic ties between North and South Korea have all but ceased. And as sanctions measures continue to tighten, the international…

In this episode of Korean Kontext, guest host Kyle Ferrier, KEI's director of academic affairs and research, sits down with Korea Society President Tom Byrne. Before joining the Korea Society…

On June 20, 2022, the Korean Intellectual Property Office (KIPO) began recruiting Small and Medium Enterprises (SMEs) for a new program designed to bolster SMEs’ preparation against international patent disputes. This reflected Korea’s recognition of SMEs as a leader in the country’s technological advancement. According to the KIPO, the total number of patent applications in…

As of June, South Korea’s gasoline prices increased 31% from last year. The country’s complete dependence on imports means that it is not only extremely sensitive to global shocks in supply but also shifts in the South Korean won’s (KRW) exchange rate. Foremost, Russia’s invasion of Ukraine negatively affected the global supply of energy. Russian…

South Korea, Japan, and the United States have pledged to deepen security cooperation in response to growing threats from North Korea. On June 11, the nations convened at a Trilateral Ministerial Meeting and issued a joint statement condemning North Korea’s provocative posture and reaffirming their commitment to nuclear non-proliferation. But this trilateral alignment repeats the…

The OECD Economic Outlook, released on June 8th, projected that real GDP growth in OECD countries would drop by half from 5.5% in 2021 to 2.7% in 2022. The new projection is a sharp reduction from its December 2021 Outlook, which projected growth of 4.5% growth this year. With inflation expected to rise from 3.7%…

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.