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This paper builds on Kiyota and Stern (2007), in which we analyzed the economic effects of a U.S.-Korea free trade agreement (KORUSFTA). In Section II, we review the objectives and…
The security alliance between the United States and the Republic of Korea (ROK) is the foundation for the architecture of strategic stability in Northeast Asia that has endured for more…
The Cold War in Northeast Asia became irreversible with the outbreak of the Korean War on 25 June 1950. Over the decades partial steps were taken to end it: rapprochement…
On 21 June 2005 the flag of the Socialist Republic of Vietnam flew outside of Blair House, across the street from the White House. Standing still on a windless day,…
In this episode, Korean Kontext speaks with Ms. Jie-ae Sohn, President of Arirang TV & Radio, Korea’s first English language international broadcast system. Ms. Sohn worked as the former CNN…
Preventing Iran from acquiring nuclear weapons has emerged to be one of the key foreign policy priorities of the Obama administration. Despite efforts among Western powers to form a united…
By the time you read this, the KORUS FTA will have entered the implementation stage. To celebrate, Korean Kontext caught up with two of the main movers-and-shakers behind the deal…
This episode of Korean Kontext has a distinctly British flavor, featuring interviews with two leading Ambassador’s that work closely on UK and Korea related affairs. While recently in London, Korean…
North Korea’s Supreme People’s Assembly, the country’s parliament, adopted the government budget for the new year at its session February 6-7. The budget law was approved with a pledge to develop the economy and improve the people’s wellbeing despite the “persevering struggle” against international sanctions and the COVID pandemic. A particularly noteworthy aspect of the…
This post was revised on August 21 , 2023 to reflect additional research by the authors. Additional analysis can be found in authors' article Political Polarization in Korea. Korea’s democracy is clearly a success story. Along with Taiwan, it is one of the few Asian countries that transitioned to democratic rule in the 1980s and…
One of the most prominent policy and social problems plaguing the Republic of Korea today is a declining birth rate. The nation fell below the replacement fertility rate of 2.1 in 1983 and rested at 0.84 at the end of 2020. This sustained decline has negative implications for economic growth in the long run as…
As 2021 began, the world was still in the depths of the pandemic and vaccines to protect against COVID-19 were only beginning to become available to the public in a small number of countries. As 2022 begins, the pandemic continues to impact lives and economies around the world but there are signs of recovery. Among…