Korea, South

30 years after the fall of the Berlin Wall, people’s aspiration to establish a pluralistic liberal democracy appears to be under scrutiny around the world – anti-immigration policies dominate political…

The U.S. Peace Corps was active in South Korea between 1961 and 1981. One of the many volunteers who served in South Korea was KEI president and CEO Kathleen Stephens.…

On June 25, 1950, North Korea launched a surprise invasion of South Korea and started a war that is still technically ongoing. But it was – as North Korea’s Kim…

In May, The Korean-born Los Angeles Dodgers’ pitcher Ryu Hyun-jin was named The National League Pitcher of the Month. When you think of Asians and baseball, you might think first…

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…

By Troy Stangarone Economic analysts are always trying to predict the next hot economy and coin a popular phrase to back up their claim. Perhaps one of the most successful was Goldman Sachs, which famously coined the term BRICs in 2001 to draw attention to the long-term economic potential of Brazil, Russia, China, and India…

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.