United States of America

KEI recently completed its sixteenth annual Ambassadors’ Dialogue program (previously called the Korea Caravan), featuring Lee Tae-sik, the Republic of Korea’s Ambassador to the United States, and Alexander Vershbow, United…

May brought several significant developments for the KORUS FTA. On May 10, the Bush Administration and Congress announced an agreement on a new trade policy, focusing in particular on labor…

83/751. At press time, 83 days have passed since North Korea tested a nuclear device on October 9, 2006 and 751 days remain in the Bush Presidency. If the stalemate…

With negotiations running down to the wire, Korean and American negotiators announced that they reached a deal just before President George W. Bush’s trade promotion authority expired at 11:59 pm…

By Ken Gause The death of Kim Chong-il does not only mean a transition in leadership as can be seen with the apparent coronation of Kim Chong-un as the successor. It also likely means a change in the leadership structure, which will potentially have a dramatic impact on how Pyongyang makes decisions and how those…

By Troy Stangarone Years ago, The Economist developed the Big Mac Index to track how much a MacDonald’s Big Mac cost in countries around the world. The idea was to provide an understandable measure for purchasing power parity across countries since the Big Mac is a basic commodity that has spread across the world. Of…

By Troy Stangarone Despite the financial crisis of 2008, the global downturn that followed in 2009, and a year of tension between North and South Korea, the Kaesong Industrial Complex has been remarkably resilient. New numbers from the Ministry of Unification show that production at the complex was up 38 percent in September from a…

By Sarah K. Yun Soft power is the ability of a country or an actor to obtain what it wants through attraction and charm rather than through hard power and force.  The ultimate goal of fostering soft power is to promote a positive image in order to enhance one’s ability to influence.  Like many nations,…

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.