Asia

The Fall 2024 issue of Korea Policy, Broadening the Alliance: New Frontiers in US-South Korea Cooperation, is a special issue focused on the US-ROK alliance. The issue is motivated by…

The Joe Biden and Yoon Suk-yeol administrations have embraced the expansion of economic cooperation within the US-ROK alliance, leading to the emergence of South Korea as a valued technology partner…

The security alliance between the United States and South Korea, once focused primarily on military defense, is evolving to include economic security and technological cooperation. The evolving partnership between the…

This paper elucidates how Washington and Seoul cooperate on AI and quantum technologies, both recognized as critical emerging technologies essential to their national interests. Technology cooperation is denoted as government-to-government…

In this episode we speak with Doug Goudie, Director of International Trade Policy at the National Association of Manufacturers (NAM). Mr. Goudie draws from his experiences to share his perspective…

In this episode we hear from Tami Overby, Vice President for Asia at the U.S. Chamber of Commerce and former President of the American Chamber of Commerce in Korea. Ms.…

Now in its tenth year, KEI’s Opinion Leaders Seminar (OLS) is an annual gathering of some of the world’s foremost policymakers and scholars on the U.S.-South Korean alliance. In this…

An exclusive interview with Dr. Alon Levkowitz, author of the most recent edition of the Korea Economic Institute’s Academic Paper Series. His paper, titled “The Republic of Korea and the…

After months of political uncertainty, South Korea has a new president. Lee Jae-myung, the former mayor of a wealthy Seoul satellite city who leveraged that experience into a governorship of the country’s most populous province and chairmanship of the Democratic Party (DP), won a decisive 49.4-percent victory over the ruling party’s leading candidate. Lee’s victory…

South Korea’s political vacuum has been filled by a politician with a mandate to lead but who faces innumerable simultaneous and overlapping domestic and international challenges. Democratic Party candidate Lee Jae-myung won South Korea’s snap election on June 3, 2025, in a race that was never seriously in doubt. Buoyed by a sizable majority in…

On May 20, 2025, the UN General Assembly held its first-ever “high-level session” devoted to the human rights abuses of North Korea. This latest action ups the ante in calling for reform of North Korea’s abysmal human rights record. Every year since 2004, the General Assembly has adopted resolutions criticizing North Korea and calling for…

South Korea’s Nextrade exchange—the country’s first alternative trading system to the long-dominant Korea Exchange (KRX)—debuted in March 2025. Nextrade extends trading hours, introduces lower transaction fees and increases product variation within capital markets. The persistent undervaluation of South Korean stocks compared to their Asia-Pacific counterparts is a phenomenon known as the ‘Korea discount’. By increasing…