United States of America

Korea’s economy in 2008 was adversely impacted by high commodity prices, especially oil, and by financial and real shocks started by the collapse of housing prices in the United States…

On 30 June 2007, United States Trade Representative Susan C. Schwab and Republic of Korea Trade Minister Kim Hyun-chong signed the United States-Korea Free Trade Agreement (KORUS FTA), an encompassing…

The year 2007 displayed remarkable progress in Korea-U.S. economic relations on many different levels. At the global level, our two countries have worked closely together to meet international challenges. For…

The United States and Korea finished the eighth round of negotiations for a bilateral free trade agreement (FTA) in mid-March 2007, and the agreement is likely to be concluded eventually.1…

By Jenna Gibson Halloween as we know it in the United States is still not widely celebrated in South Korea. Trick or treating is limited to kindergarten parties and English hagwons, and you’re unlikely to see many jack-o-lanterns or skeletons decorating peoples’ homes. But in recent years some parts of the holiday have been gaining…

By Jenna Gibson Last month, the Korean Ministry of Education announced major changes to the way South Korean students will learn English. Some of them are positive, and can potentially help ease the overwhelming classroom workload for Korean students. But these new policies may also have some unintended side effects. Schools will be cutting the…

By Kyle Ferrier In a 2014 speech in Dresden attempting to apply lessons from German unification to the Korean Peninsula South Korean President Park Geun Hye introduced the possibility for a Northeast Asian Development Bank. Still in the nascent stage of planning, it would serve as a multilateral development bank (MDB) to attract investment in…

With Germany marking the 25th anniversary of unification this is the second part of a five part series looking at insights from the German unification experience for the Korean peninsula. Part I on the challenges of integration can be found here. Part III on integrating the bureaucracy and the military can be found here. Part IV on the social challenges of…

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.