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…

Following his inauguration in May 2022, President Yoon Suk Yeol announced that his administration would devise South Korea’s own Indo-Pacific strategy, which would consequently take the place of his predecessor’s New Southern Policy. The exact details of the strategy are yet to be announced, but South Korea’s past and ongoing foreign engagements provide an initial…

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…

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.