United States of America

During the last two years ago, U.S.-South Korea relations have strengthened in ways that many Korea watchers did not expect. With a liberal President Barack Obama entering office, some feared…

Last year was a momentous year for the Korean Peninsula. As the world worked its way out of the global and financial crisis of 2008-2009, South Korea demonstrated its global…

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,…

By Jenna Gibson While the United States is locked in a fierce debate over Obamacare, South Korea is going through its own deliberations about healthcare reform. On August 9, right before hitting his 100th day in office, Korean President Moon Jae-In unveiled his plan to expand Korea’s already extensive healthcare system, a proposal quickly dubbed…

By Mark Tokola Although tensions with North Korea seem to have eased during the past few days with statements by Secretary of State Tillerson and Secretary of Defense Mattis emphasizing diplomacy over military confrontation, the test of wills between Washington and Pyongyang continues with the U.S. government stating that it will settle for nothing less…

By Hwan Kang Kakao Bank launched its internet-only banking service on Thursday, July 27, meeting unprecedented enthusiasm from Korean users. Within first 8 hours of its unveiling, customers created more than 100,000 bank accounts. After only five days, the number of accounts surpassed the one million mark and then further broke the record by reaching…

By Robert R. King Just a few days ago, the UN Food and Agriculture Organization (FAO) issued a report that North Korea is facing its worst drought in 16 years.  The report, prepared by the FAO in cooperation with the European Union’s Joint Research Center, concludes that the period April through June of this year…

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.