Korea, South

An exclusive interview with Dr. Alon Levkowitz, author of the most recent edition of the Korea Economic Institute’s Academic Paper Series. His paper, titled “The Republic of Korea and the…

Two decades ago, South Korea was rarely called a middle power. Today, it invites ridicule to suggest South Korea is anything but a middle power. Given the concept’s ambiguity and lackluster academic credentials, why did the definition become so widely applied? The immediate answer is obvious. South Korea started to be labeled a middle power…

In celebrating seventy years of their security alliance, the United States and Korea exemplify the very best of what a robust economic partnership looks like. With terms like “friend-shoring” and “economic allies” increasingly making their way into beltway policy language, no reflection of the past seventy years of the U.S.-Korea alliance would be complete without…

There are a plethora of studies on South Korea as a middle power. Some argue Korea needs to change to fit the term, some reinvent the term to fit Korea, and still others just use the term without questioning. Very few ask why we bother at all. The modern term “middle power” is an historically…

With the final rule regarding the CHIPS Act guardrails released on September 22, Korean chipmakers’ ability to receive U.S. subsidies while maintaining operations in China appears to be on firmer footing.  Korean chipmakers had been caught in a form of limbo ever since the U.S. Department of Commerce released the proposed guardrails in March 2023,…

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.