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Economic relations between Korea and the United States reached new heights in the year 2006 with the launch of negotiations for a bilateral free trade agreement. While the negotiations were…
Rapid economic development lifted Korea’s per capita income from 15 percent of the U.S. level in 1970 to approximately half by 2005. Growth has been based primarily on inputs of…
The insatiable appetites of banks, insurance companies, pensions, endowments, and high-net-worth individuals make enormous capital possible for private equity funds. The private equity market has become an important source of…
The importance of having an efficient labor market is growing because of recent trends such as globalization, the development of information-communication technology (ICT), and the increasing need for foreign direct…
With Washington DC stuck in a snowstorm, please enjoy this episode of Korean Kontext originally published in 2012. B.R. Myers is the author of “The Cleanest Race” and regular…
Every January, KEI publishes its predictions for the 10 issues to watch for on the Korean Peninsula in the coming year. Then, in December, we revisit our predictions to see…
North Korea watchers have been trying for years to understand the inner workings of the reclusive regime. With the country launching its 4th nuclear test this week, recognizing the structure and…
Every year on January 13, the Korea Economic Institute of America (KEI) sponsors a luncheon in Washington, DC to mark Korean American Day and recognize the local and national Korean…
By Troy Stangarone During the Cold War, Russia served as North Korea’s primary trading partner and provider of security guarantees. As the Cold War came to an end, however, Russia reoriented its foreign policy towards the West and relations with North Korea were downgraded as Moscow sought closer ties with Seoul. That may be changing.…
By Troy Stangarone When scholars and historians look back on the Seoul G-20, it is likely to be seen as a brief interregnum between crises rather than the first post-crisis summit that many world leaders had hoped it would be at the time. Since the Seoul Summit last November, the world has faced growing concerns…
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,…
By Nicholas Hamisevicz In the last year, South Korea and India have upgraded their relationship to a “strategic partnership.” The increased ties between the two countries were kicked off with South Korean President Lee Myung-bak’s state visit to India in 2010 and followed up by delegations from both countries that built upon economic and cultural…