Korea, South

In April 2023, the United States and South Korea marked the 70th anniversary of an alliance that has served the strategic interests of both countries. Their relationship has expanded beyond…

Building on last year’s “Rethinking Korea initiative,” in 2024 KEI will continue to explore the evolution of US-Korea relations, Korea’s place in the world, rapid changes in Korean society, and…

Despite being industrial powerhouses, Korea and Japan are both resource-poor nations with limited domestic sources of energy. Powering their economies required both to develop supply chains for fossil fuels, nuclear…

KEI is pleased to hold a program on Economic Security and U.S.-China Competition: The View From North Korea. One country is conspicuously missing from existing discussions about the dilemmas and…

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.