Economics

    In the mid-1990s, North Korea experienced a famine that by some estimates wiped out 10 percent of the population. Though many at the time thought the regime would…

    On April 8, North Korea withdrew all of its workers from the Kaesong Industrial Complex, temporarily placing on hold the last form of cooperation between North and South…

With worldwide familiarity of Korean pop culture increasing through the viral exposure of Korean musician Psy’s hit record “Gangnam Style”, this episode Korean Kontext speaks to Mark James Russell, author…

In this episode we spoke to B.R. Myers, author of “The Cleanest Race” and regular contributor to the New York Times, Wall Street Journal, and The Atlantic.  Having been raised…

This is the first part in a three part series on the U.S.-Korea Free Trade Agreement. The second part of the series can be found here and the third part here. By Taeho Bark The United States (U.S.) used to be always the largest export market for the Korean products during 1970s and 1980s. The…

By Troy Stangarone Three months after announcing that they had reached a preliminary agreement, South Korea and China formally announced the conclusion of their free trade agreement (FTA) talks. The additional time allowed the two governments to finalize additional details to strengthen the agreement such as a standstill provision to preclude either country from increasing…

By KEI President & CEO Donald Manzullo Just a few weeks ago, two sub-agencies within the U.S. Department of Commerce released two important statistics that have gone relatively unnoticed even by keen observers of Korea.  First, through the Foreign Trade Division at the U.S. Census Bureau, U.S. exports of merchandise goods to South Korea hit…

By Matthew Nitkoski Nearly six years ago, the last attempt at multilateral engagement with the Democratic People’s Republic of Korea ended with the secretive Kim regime vowing to continue its uranium enrichment program. In the intervening years, neither allies nor enemies have been able to convince Pyongyang to halt its nuclear efforts and the fragile…

As disruptions in supply chains continue, what practical steps can the U.S. and Korea take to strengthen supply chains against future crises?