Korea, South

In the decades following the Korean War, North Korea initiated a top-secret project to kidnap ordinary people from Japan, reeducate them, and turn them into international spies for the regime.…

Every year on January 13, the Korea Economic Institute of America (KEI) sponsors a luncheon in Washington, DC to mark Korean American Day and recognize the local and national Korean…

Every January, KEI publishes its predictions for the 10 issues to watch for on the Korean Peninsula in the coming year. Then, in December, we revisit our predictions to see…

Every year on January 13, the Korea Economic Institute of America (KEI) sponsors a luncheon in Washington, DC to mark Korean American Day and recognize the local and national Korean…

The steep decline in Korea’s fertility rate has created concern. In 2020, the number of deaths exceeded the number of births for the first time, according to census data from the Ministry of Interior and Safety. The Ministry stated that “amid the rapidly declining birthrate, the government needs to undertake fundamental changes to its relevant…

On August 9th, President Biden signed the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act to boost U.S. investment in the semiconductor industry and incentivize domestic manufacturers. Some of its major provisions incentivize investment in the United States by major foreign chip manufacturers, namely those from Taiwan and South Korea. Framed as a…

After several years of frozen diplomacy, the current Korean government's drive to reset relations with Japan seems to be on an upswing. Even before taking office, President Yoon Suk-Yeol dispatched a delegation of aides to meet with Japanese officials in Tōkyō. He followed that with attendance at a trilateral meeting with Prime Minister Kishida Fumio…

With President Yoon Suk-yeol’s stated goal of improving Korea-Japan relations, policy observers point to the long-standing historical legacies issues as the key hurdles to reconciliation. In particular, recent talks between the ROK Foreign Minister and his Japanese counterpart stressed the importance of resolving the issue of compensation for Korean victims of Japan’s wartime forced labor.…

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.