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…

Korea’s real GDP growth will rebound to more than 2 percent in 2024 and 2025, according to the Organization for Economic Co-operation and Development (OECD)’s bi-annual economic projections published at the end of November (Figure 1). The OECD’s outlook of 2.3 percent next year is in line with the 2.1 percent and 2.2 percent forecasts…

At the Asian Games this September, Team Korea didn’t just get a gold medal in the popular video game League of Legends. The team also received an exemption from active-duty conscription into the armed forces of Korea. Maintaining an adequate fighting force is a critical issue for Korea, not just because of its unruly neighbor…

Korea’s development from one of the poorest countries in the world in the 1950s to a major industrial power has been exceptionally rapid. Per capita income increased from 10% of that in the United States in 1970 to 70% by 2020 (Figure 1). Moreover, Korea has surpassed Japan. Korea’s rapid transformation was achieved through effective…

The recent crisis in the Middle East raises questions about the impact it may have on energy access for the world. Faith Birol, the current head of the International Energy Agency, said that the Israel-Hamas war is “definitely not good news” for oil prices. Similarly, on October 30 the World Bank warned that oil prices…

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.