United States of America

Although the Korean Peninsula has been divided for over 70 years, North and South have not been able to make lasting progress in terms of reconciliation. While there are multiple…

Why is South Korea pilot-testing its Central Bank Digital Currency (CBDC), and what made it shift from non-issuance to consideration? This paper investigates the Bank of Korea (BOK)’s CBDC-related developments…

This paper deals with one of the most critical issues in contemporary international relations: how China’s rise challenges foreign policies of U.S. allies, with a focus on the Republic of…

By Jaeho Jeon South Korea faces a household debt crisis. Household debt reached more than 1,257 trillion won ($1.1 trillion) in the second quarter of this year, up 125.7 trillion won and 11.1 percent from a year ago. This marks the highest level for household debt since the government began compiling related data in 2002.…

By Troy Stangarone As it begins to sink in that the next U.S. president will be Donald Trump, one question that will be on the mind of those in Northeast Asia is what will Donald Trump’s North Korea policy look like? While North Korea was a more significant topic during the 2016 election than in…

By Phil Eskeland Unlike past U.S. elections, President-elect Donald Trump has made trade a centerpiece of his campaign.  In many appearances, he severely criticized what he characterized as “disastrous trade deals” made over the past two decades.  In fact, his closing argument included pictures of padlocked factory gates and abandoned machinery on the shop floor…

This is the first part of a two part series looking at the impact of the KORUS FTA on jobs in the United States. Part II can be found here. By Troy Stangarone At a rally in Henderson, NV and in his speech before the Detroit Economic Club, Republican Presidential Nominee Donald Trump has suggested that…

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.