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In 2005, the Korean ambassador to China was excited about the completion within five years of the target trade volume of over $100 billion with China, which was set by…
The Matter of the Kaesong Industrial Complex in the Korea-U.S. Free Trade Agreement Negotiations
This spring, Han Kang became the first Korean author to win the prestigious Man Booker International Prize for her novel, "The Vegetarian." And, for the first time in the prize's…
Middlebury College, famous for its immersive language programs, added Korean as its 11th language in 2015. Now, after two summers, the School of Korean is helping students from a variety…
With the goal of supporting the next generation of scholars interested in Korea and Northeast Asia, the U.S.-Korea Next Gen Scholars Program brings together young professionals from various backgrounds to…
When you hear about trilateral cooperation between the United States, South Korea and Japan in the news, people are usually talking about how these three countries can work together to…
By Phil Eskeland Last November, after many months of consideration, South Korea expressed its interest in joining the 12 other Pacific Rim nations in participating in the Trans Pacific Partnership (TPP) negotiations. Almost immediately, the U.S. Trade Representative (USTR) welcomed Korea’s decision. The aim of the talks is to conclude “an ambitious, comprehensive, and high-standard…
By Troy Stangarone In the ongoing debate over granting President Barack Obama Trade Promotion Authority (TPA), previously known as Fast Track, three Democratic members of Congress pointed to increased merchandise trade deficits with Korea after the implementation of the KORUS FTA as a reason to oppose a new grant of TPA. However, while the merchandise…
By Kristen Lee During the 1960’s under President Park Chung-hee’s economic stewardship, the founders of today’s chaebol facilitated South Korea’s recovery after the war. These huge family-led business conglomerates became the foundation of the Korean economy and an integral part of Korea’s export-oriented growth. This rapid economic development, known as the “Miracle on the Han…
By Troy Stangarone In the aftermath of last spring’s shutdown of the Kaesong Industrial Complex, the Park administration has sought international investment to serve as a bulwark against future actions by North Korea that would endanger Kaesong’s operations. While finding ways to raise the cost of a future shutdown for North Korea is a sensible…
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