United States of America

During the last two years ago, U.S.-South Korea relations have strengthened in ways that many Korea watchers did not expect. With a liberal President Barack Obama entering office, some feared…

Last year was a momentous year for the Korean Peninsula. As the world worked its way out of the global and financial crisis of 2008-2009, South Korea demonstrated its global…

Incredible change in the global economy over the past decade has shattered virtually everyone's expectations of what the next fifty years will look like, and Korea is no excpetion. The…

When the global financial crisis tore through world economies, national budgets around the world were immediately funneled to stabilize and revive the energy-intensive industries impacted by the market maelstrom. Yet,…

By Seho Park The welfare state is a concept of government in which the state or a well-established network of social institutions plays a key role in the protection and promotion of the economic and social well-being of citizens. This concept first appeared in late 19th century in the United Kingdom, when the negative consequences of capitalism were…

By William Brown China’s Customs Bureau on Tuesday released its global trade report for April that includes details of the country’s trade with North Korea[i].  Some initial impact from UNSC sanctions may be observed, although seasonal changes tend to obscure the picture.  Overall trade with North Korea was down about ten percent in April, from…

With the field of presidential candidates narrowed down to three, here is a look at some of the more recent comments by Hillary Clinton, Bernie Sanders, and Donald Trump on the Korean peninsula.   Hillary Clinton February 4, 2016, MSNBC Democratic Debate In response to a question about the biggest national security threat to the…

By Thomas Lee The 1987 presidential election marked the first free national election in Korea since Park Chung-hee’s coup d’état in 1961. This election saw three contentious candidates: Noh Tae-woo, Kim Dae-jung, and Kim Young-sam. Due to a dispute between Kim Young-sam and Kim Dae-jung, the unified opposition ticket collapsed and they ran against each…

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.