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 Mark Tokola Winston Churchill said, “To jaw-jaw is always better than to war-war.”  He was reported to have said this at a White House luncheon in 1954, so he by then had plenty of experience with both war and negotiation.  This sentiment, or something like it, is what people have in mind when they urge engagement…

By Mark Tokola, Phil Eskeland, Troy Stangarone, Jenna Gibson, Kyle Ferrier, and Juni Kim The Korean peninsula was dominated by unexpected events in 2016. North Korea began the year with a nuclear test that merely foreshadowed a year of significant advancements in its nuclear program rather than its traditional pattern of using tests to provoke…

“Previously, all the people used to sing the song We Are the Happiest in the World, feeling optimistic about the future with confidence in the great Comrades Kim Il Sung and Kim Jong Il. I will work with devotion to ensure that the past era does not remain as a moment in history but is re-presented in the…

By Troy Stangarone In the Chinese zodiac, 2016 is the year of the Fire Monkey. Fire Monkeys are said to be ambitious and adventurous, as well as irritable. Despite Donald Trump’s not having been born in the year of the Monkey, looking back, his victory in the U.S. presidential election that year may yet seem…

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.