Korea, South

Seoul has gradually adopted a more outspoken position regarding the importance of peace and stability in the Taiwan Strait and framed it in increasingly expansive terms—as a regional and global…

From K-pop to K-drama and food, Korean culture has taken the globe by storm. Korean artists are topping the Billboard charts, Korean films are winning Oscars, and Korean kimbap at…

Countries with advanced semiconductor industries are caught in the middle of growing U.S.-China competition in technology focused on advanced computing. While some countries with key technology companies in the toolmaking…

The United States and the Republic of Korea have been celebrating the 70th anniversary of the alliance and the 120th anniversary of Korean immigration to the United States throughout 2023.…

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.