United States of America

Trade ties between the United States and many East Asian countries have faced a high degree of uncertainty since Donald Trump took office in early 2017. The world is now…

During his visit to Asia in November 2017, President Donald Trump announced his vision of a “Free and Open Indo-Pacific” as the U.S. approach to the region. The Department of…

Beef trade was a major sticking point between the United States and South Korea in ratifying the KORUS FTA. The outcome of the renegotiations that led to the March 2018…

The sudden announcement of a North Korea-U.S. summit in March 2018 upended all previous diplomacy concerning North Korea’s nuclear program. In return for a bilateral presidential summit, Pyongyang has agreed…

By Ken Gause The death of Kim Chong-il does not only mean a transition in leadership as can be seen with the apparent coronation of Kim Chong-un as the successor. It also likely means a change in the leadership structure, which will potentially have a dramatic impact on how Pyongyang makes decisions and how those…

By Troy Stangarone Years ago, The Economist developed the Big Mac Index to track how much a MacDonald’s Big Mac cost in countries around the world. The idea was to provide an understandable measure for purchasing power parity across countries since the Big Mac is a basic commodity that has spread across the world. Of…

By Troy Stangarone Despite the financial crisis of 2008, the global downturn that followed in 2009, and a year of tension between North and South Korea, the Kaesong Industrial Complex has been remarkably resilient. New numbers from the Ministry of Unification show that production at the complex was up 38 percent in September from a…

By Sarah K. Yun Soft power is the ability of a country or an actor to obtain what it wants through attraction and charm rather than through hard power and force.  The ultimate goal of fostering soft power is to promote a positive image in order to enhance one’s ability to influence.  Like many nations,…

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.