1924 Posts located
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…
President Lee Myung-bak won a landslide victory in 2007. His popularity before the election was obvious, and it came as a surprise to almost no one that he won by…
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…
Korea has faced persistent labor shortages since the late 1980s, centered on small and medium-sized enterprises (SMEs), which tend to pay low wages for low-skilled, non-regular jobs. SMEs have faced increasing difficulty in replacing retiring workers with young people, given the large education gap between generations. In 2021, 69% of the population aged 25 to…
The drop in Korea’s total fertility rate to 0.78 in 2022 has heightened concerns about the impact of rapid population aging and decline. Despite numerous government initiatives, such as introducing free early childhood education and care in 2012, the fertility rate has continued to edge down. Korea’s median age jumped from 33.6 years in 2005…
On July 18, 2023, U.S. Army soldier Pvt Travis King, who was on a civilian tour of the DMZ (Demilitarized Zone that marks the boundary between South Korea and North Korea) bolted from the tour group and sprinted onto the North Korean side of the boundary. He was chased by soldiers guarding the south side…
Earlier this year, President Yoon Suk Yeol took steps to stabilize relations with Japan. Since then relations have been advanced through two bilateral summits, a meeting at the G7, and an expected trilateral summit later this August with the United States. Despite these advances, there are issues that could still constrain relations, specifically Japan’s plan…