United States of America

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,…

From Kia, with Love: Korean Greenfield Investment Revives a Community On Friday, February 26, in a flashy rock concert atmosphere, a much awaited and well attended ribbon cutting ceremony took…

Korea is a relative newcomer to the negotiation of bilateral FTAs, concluding its first agreement with Chile only in 2003. Prior to engaging in bilateral FTAs, Korea emphasized the multilateral…

By Joseph Dahl and Diane Stevenson Amid Congressional gridlock, the border crisis and a lawsuit against the President, a rather important and potentially consequential bill passed the House without much attention. H.R. 1771, the North Korea Sanctions Enforcement Act of 2014, would put renewed pressure on the Kim regime if successfully passed by the Senate…

By Nicholas Hamisevicz April is often a contentious month for inter-Korean relations. With joint and combined military exercises, along with anniversaries and holidays, there are plenty of opportunities for provocations and hateful rhetoric. April 2014 was no different. An inter-Korean understanding earlier in the year toward ceasing hostile rhetoric has collapsed and North Korea again…

By Phil Eskeland As President Barack Obama arrives in Asia, some critics of free trade use out-of-date or incomplete trade statistics on the Korea-U.S. (KORUS) Free Trade Agreement (FTA) to justify opposition to the Trans Pacific Partnership (TPP). First, it is premature to offer a definitive opinion on the success or failure of any trade…

By Troy Stangarone In the ongoing debate over granting President Barack Obama Trade Promotion Authority (TPA), previously known as Fast Track, three Democratic members of Congress pointed to increased merchandise trade deficits with Korea after the implementation of the KORUS FTA as a reason to oppose a new grant of TPA. However, while the merchandise…

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.