United States of America

Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s real gross domestic product (GDP)…

The Korea-U.S. Free Trade Agreement (KORUS FTA) and the Korea-European Union Free Trade Agreement (Korea-EU FTA) are the major FTAs for the Korean economy. Although both FTAs share many similarities,…

An old Korean proverb says that when two whales fight it is the shrimps whose backs are crushed. Maybe that proverb best describes Korea’s situation on the trade front these…

Science diplomacy refers to international scientifi c cooperation aimed simultaneously at advancing scientifi c knowledge and improving and strengthening broader relations between participating countries and groups. Science diplomacy has proved…

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.