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…

Entering 2024, US and ROK defense officials wasted little time building upon the previous year’s effort to institutionalize the US-ROK Nuclear Consultative Group (NCG). Yet, by year’s end, in the wake of Donald Trump’s election victory and President Yoon Suk Yeol’s abortive martial law declaration and impeachment, the NCG faced an uncertain future. Following the…

South Korea faced the prospect of political paralysis and a protracted constitutional crisis resulting from the declaration of martial law by President Yoon Suk Yeol and its dismissal hours later by a National Assembly resolution. On December 3, Yoon announced at 22:25 his intent to impose martial law “to eradicate pro-North Korea forces and protect…

The Yoon Suk-yeol administration’s signal foreign policy achievement is arguably the forging of trilateral security cooperation between the Republic of Korea (ROK), Japan and the United States. During the past year, the leaders of all three nations have moved unusually quickly to institutionalize the structure of cooperation. The desire to consolidate progress seems to have…

This year began with a trip by Secretary of the Navy Carlos Del Toro to visit Korean shipyards and court Korean investment in US shipbuilding. In June 2024, Hanwha Ocean made a bid to purchase Philly Shipyard and secure a foothold for Korean shipbuilding in the United States. While Hanwha Ocean had previously bid for…

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.