United States of America

On 1 April 2007 Korea and the United States finally completed their year-long negotiations to conclude the Korea- U.S. Free Trade Agreement (KORUS FTA), which was then signed by the…

President Lee Myung-bak won a landslide victory in 2007. His popularity before the election was obvious, and it came as a surprise to almost no one that he won by…

The world can only hope the recent U.S.-North Korean bilateral discussions will revive the six-power talks and lead to Pyongyang’s renunciation of its nuclear weapons ambitions. Hope, however, is not…

This paper builds on Kiyota and Stern (2007), in which we analyzed the economic effects of a U.S.-Korea free trade agreement (KORUSFTA). In Section II, we review the objectives and…

By Troy Stangarone In its first public response to North Korea’s suspected cyber attack on Sony, the Obama Administration announced new financial sanctions on three North Korean entities and ten individuals related to North Korea’s defense industry. While the sanctions may have some short-to-medium term impact on North Korea financially, they are only likely a…

By Nicholas Hamisevicz After the disappointment of not getting a high-level meeting following the Incheon Asian Games agreement, it looked like inter-Korean relations would remain stalled until 2015. However, South Korea preempted North Korea’s traditional New Year’s Day announcement by requesting an inter-Korean meeting early in 2015. The request helped the  Park Geun-hye administration seize…

By Troy Stangarone North Korea’s cyber attack on Sony Pictures Entertainment and the subsequent threats to target theaters that screened “The Interview” have had a chilling effect beyond Sony’s decision not to release it on Christmas day. The decision to withdraw “The Interview” from release has raised important questions regarding freedom of speech and how…

By Nicholas Hamisevicz As October faded away, the hopes for an early November high-level meeting as promised after an inter-Korean meeting during the closing of the Asian Games faded as well when North Korea informed South Korea via fax that it would not meet due to the balloons being sent by South Korean activists into…

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.