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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…
For understandable reasons, the international community has been focused on North Korea's nuclear program, concerned that Pyongyang could have a weapon capable of such massive destruction. But should they also…
Last week, we looked at the details of the new US and UN sanctions against North Korea, delving into the new measures to get at Pyongyang's funding. But will they…
On February 18, President Barack Obama signed into law a new round of sanctions designed to further squeeze the North Korean regime. On March 3, the United Nations Security Council…
Human rights in North Korea remains a divisive issue between the international community and North Korea. In 2013, the United Nations Human Rights Council established Commission of Inquiry on Human…
Economic data for South Korea from recent months, analyzed by the Korea Economic Institute of America (KEI), offers an early indicator of how U.S.-imposed tariffs from April 2 might impact Korea’s economy and U.S.-Korea trade. Section 232 tariffs on steel and aluminum imports went into effect in February, followed by tariffs on autos on April…
South Korea has faced political paralysis since President Yoon Suk Yeol’s December 3, 2024, declaration of martial law, the rapid reversal of that decision by the National Assembly, and the ensuing crisis. The Constitutional Court will decide on April 4, 2025, at 11:00 a.m. KST whether to uphold the Assembly’s decision to impeach President Yoon.…
The digital trade landscape in South Korea offers significant opportunities for U.S. companies, but it also presents a range of challenges. As one of the most technologically advanced countries in the world, South Korea is a lucrative market for digital trade. However, U.S. companies eager to tap into this potential face various challenges, including regulatory…
For decades, U.S. foreign assistance has played a pivotal role in advancing U.S. interests, strengthening alliances, and promoting stability in key regions of the world. Nowhere has this been more evident than in Asia, where U.S. development cooperation with South Korea—itself a model for the benefits of U.S. foreign assistance—has been a vital tool for…