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After two years of sluggish growth, the Korean economy is now recovering. Economic activity began to revive in the early part of 2005 and accelerated throughout the year, reaching an…
The Korea-U.S. Free Trade Agreement (KORUS FTA) and the Korea-European Union Free Trade Agreement (Korea-EU FTA) are the major FTAs for the Korean economy. Although both FTAs share many similarities,…
This study was undertaken to assess possible futures for the North Korean regime and the Korean peninsula that could affect U.S. and regional interests, and to consider which U.S. and…
This article is aimed at analyzing, in a comparative perspective, the economic reforms undertaken by Democratic People’s Republic of Korea (DPRK, or North Korea) and Cuba since the demise of…
Despite being industrial powerhouses, Korea and Japan are both resource-poor nations with limited domestic sources of energy. Powering their economies required both to develop supply chains for fossil fuels, nuclear…
In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…
In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…
In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…
By Troy Stangarone As Park Geun-hye takes office as South Korea’s first female president, she comes into power at a time of contradictions and challenges. The lives of South Koreans have perhaps never been better. The nation is wealthier than it has ever been. Unemployment is low despite continuing troubles in many of South Korea’s…
By Troy Stangarone With North Korea having successfully conducted a third nuclear test, questions are once again being raised about the Obama administration’s policy of “strategic patience” towards North Korea. However, have critics of strategic patience hit on a fundamental flaw of the policy or are they merely expressing their policy preferences? One of the…
By Troy Stangarone Sleek. Trendy. Cutting edge. Creative. Elegant. And at times bold. All describe fashion in Korea. For Korea, fashion is very much a part of the culture. From a Korean-American colleague of mine who could go toe-to-toe with any of the world’s fashionistas to the trendy and hip fashions of the recent Yeosu…
By Nicholas Hamisevicz North Korea conducted a third nuclear test, and initial reports indicate a potentially larger explosion. North Korea’s media stated the test used a “miniaturized and lighter nuclear device.” If true, and combined with its successful rocket launch in December, these recent actions suggest North Korea’s ability to increase its direct military threat…