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As the U.S. economic crisis was just getting off the ground, many analysts claimed Asia would be relatively immune to the impact because its economies had “decoupled” from the United…
Given the growing importance of East Asia to global stability and prosperity, sustaining the five U.S. treaty alliances in the region—Japan, the Republic of Korea, Australia, Thailand, and the Philippines—will…
On 30 June 2007, U.S. and South Korean trade officials signed the U.S.- Korea Free Trade Agreement (KORUS FTA). The two countries reached the agreement after 10 months of very…
On 1 April 2007 Korea and the United States finally completed their year-long negotiations to conclude the Korea- U.S. Free Trade Agreement (KORUS FTA), which was then signed by the…
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 North Korea’s cyber attack on Sony Pictures Entertainment and the subsequent threats to target theaters that screened “The Interview” have had a chilling effect beyond Sony’s decision not to release it on Christmas day. The decision to withdraw “The Interview” from release has raised important questions regarding freedom of speech and how…
By Nicholas Hamisevicz As October faded away, the hopes for an early November high-level meeting as promised after an inter-Korean meeting during the closing of the Asian Games faded as well when North Korea informed South Korea via fax that it would not meet due to the balloons being sent by South Korean activists into…
By Jongsung Kim According to a recent Bank of Korea (BOK) release, Korea’s household debt reached its historically highest level at the end of the third quarter in 2014. The report shows that at the end of September 2014, the household debt registered at 1,060.3 trillion won, a 6.7 percent year-on-year increase (993.6 trillion won)…
By Troy Stangarone One of the keys to attracting international investors to the Kaesong Industrial Complex is reducing the political risk of making an investment in the complex and providing a stable business environment. Since the reopening of Kaesong last year, only the German manufacturer, Groz-Beckert, has decided to take that risk. However, a new…