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Contents of this Section The Sunshine Policy is Not, and was Not, a Failed Policy Moon Chung-in – Professor in the Department of Political Science at Yonsei University The Current…
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…
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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