United States of America

Incredible change in the global economy over the past decade has shattered virtually everyone's expectations of what the next fifty years will look like, and Korea is no excpetion. The…

When the global financial crisis tore through world economies, national budgets around the world were immediately funneled to stabilize and revive the energy-intensive industries impacted by the market maelstrom. Yet,…

From Kia, with Love: Korean Greenfield Investment Revives a Community On Friday, February 26, in a flashy rock concert atmosphere, a much awaited and well attended ribbon cutting ceremony took…

Korea is a relative newcomer to the negotiation of bilateral FTAs, concluding its first agreement with Chile only in 2003. Prior to engaging in bilateral FTAs, Korea emphasized the multilateral…

What Happened On February 2, Chairman of ROK Joint Chiefs of Staff Won In-choul and U.S. General Mark Milley pledged to continue the process of transferring wartime operational control (OPCON) to South Korea. South Korea’s Ministry of Defense and the Pentagon also recently reaffirmed that OPCON transfer will happen once the ROK military meets the designated conditions, and that…

Joseph Biden will be inaugurated on Wednesday, 20 January, bringing the Trump era to an end. Under the 45th president, American alliances faced significant stress from his skepticism of multilateralism and preference for transactional agreements. The U.S.-ROK alliance was no different, with friction arising between Seoul and Washington from time to time. As the Biden…

On January 11, the Korea Economic Institute (KEI) published a report on the future of the U.S.-Korea relationship with recommendations from leading American scholars and policy practitioners. The report comes from six "Vision Group" roundtable conversations that KEI hosted between December 2019 and November 2020 with the support of the Korea Foundation. During these meetings,…

Throughout the course of roughly a century since Koreans initially migrated to the United States, only two Koreans were elected to the U.S. House of Representatives. In 1992, Jay Kim became the very first Korean American to serve in Congress. Almost three decades later in 2018, incumbent Andy Kim became the second Korean American to…

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.