Economics

With relations between Korea and Japan improving over the last year the leaders of the United States, Korea, and Japan met in Washington on August 18 to discuss a common…

On May 1, 2023, KEI hosted a conversation between Ambassador Marc Knapper and Ambassador (ret.) Kathleen Stephens on potential new and expanded areas of trilateral cooperation between the United States,…

30 years after the fall of the Berlin Wall, people’s aspiration to establish a pluralistic liberal democracy appears to be under scrutiny around the world – anti-immigration policies dominate political…

Strategically located at the crossroads of Central Asia, China, and Russia, Mongolia has long attracted the attention of regional powers – including the Koreas. How is this traditionally-nomadic, but resource-rich,…

By Troy Stangarone In his remarks before Congress, President Lee Myung-bak pledged to help Libya through its transition saying “We will take part in the international effort in bringing democracy to Libya and rebuilding its shattered economy.”  While Korea’s efforts in helping Libya are laudable, Korea may also be in a position to help utilize…

By Nicholas Hamisevicz Much of the focus this week has been on the enduring U.S.-ROK relationship and how these countries envision a future Asia as South Korean President Lee Myung-bak arrives in Washington for a state visit. However, beyond the U.S.-South Korea alliance, Korea’s emerging relationship with India can also be an important aspect in…

By Troy Stangarone The arrival of South Korean President Lee Myung-bak seems to have concentrated the minds of Republicans and Democrats in a manner that only imminent default has achieved prior to now. Little more than a week ago, it was uncertain that the long-pending free trade agreements with Korea, Panama, and Colombia would even…

By Troy Stangarone After months of discussion on how to proceed legislatively on the three pending free trade agreements and Trade Adjustment Assistance (TAA), the White House formally submitted the KORUS FTA to Congress on October 3. The submission comes more than four years after the KORUS FTA was initially concluded and three months after…

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