United States of America

An old Korean proverb says that when two whales fight it is the shrimps whose backs are crushed. Maybe that proverb best describes Korea’s situation on the trade front these…

Science diplomacy refers to international scientifi c cooperation aimed simultaneously at advancing scientifi c knowledge and improving and strengthening broader relations between participating countries and groups. Science diplomacy has proved…

Globalization is a hallmark of the twenty first-century world. As transportation and telecommunications grow in both efficiency and level of performance and as the ambit of the Internet expands, it…

After the U.S.-Korea Free Trade Agreement (KORUS FTA) is approved by the legislatures of Korea and the United States, it will likely provide a turning point for the countries’ bilateral…

By Troy Stangarone For the second time in a little more than two weeks, North Korea has launched a missile over Japan. The easy temptation in the aftermath of the latest UN sanctions would be to simply view the most recent test as North Korea expressing its displeasure at additional economic pressure. But because the…

By Troy Stangarone After North Korea’s sixth nuclear test, there were expectations that the United Nations would pass a new round of sanctions that would potentially be debilitating for North Korea. Early discussions included bans on exports of oil to North Korea and cutting off North Korea’s use of overseas laborers to earn hard currency.…

By Kyle Ferrier Analysts have attributed recent market downturns to North Korean provocations, but investors seem to be reacting more negatively to responses from the Trump administration. Prior to North Korea’s sixth nuclear test on Sunday, Kim Jong-un was cited as a key contributor to recent developments in global markets. The fall in the value…

By Mark Tokola At 5:58 a.m. on August 28, North Korea launched what was probably an intermediate range missile that passed over Japan and landed in the Pacific after a flight of 1,700 miles.  Japanese Prime Minister Shinzo Abe said, “North Korea’s reckless action of launching a missile that passed over Japan is an unprecedented,…

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.