Economics

We imagine North Korea as a country that is carrying on not only a conflict left over from the Cold War, but also a decrepit legacy economy from the past.…

When people talk about South Korea’s foreign policy, they are more often than not focused on how Seoul engages with its immediate neighbors on denuclearization. However, as a global trading…

2018 has been an incredibly eventful year for both the Koreas and the U.S.-Korea relationship: from North Korea’s participation in the Winter Olympics at the start of the year to…

The Trump Administration is once again considering using Section 232 to impose tariffs on imported goods based on a threat to national security. The President originally used this provision to…

By Troy Stangarone In recent days there has been significant discussion on the impact of Korea’s FTAs with the United States and the EU. The agreement with the EU has been in place almost a year now after having gone into effect last July 1, while the KORUS FTA has only been in effect since…

KEI’s Chad 0'Carroll recently interviewed Dr. Andrei Lankov of Kookmin University on the prospects for economic reform in North Korea and reunification. Dr. Lankov is scholar of Asia and a specialist in North Korea. Part 1 of the interview focuses on the likelihood that the new regime in Pyongyang will undertake economic reforms. Part 2,…

By Troy Stangarone For Greece, tragedy has become a well worn tradition. Whether at the pen of ancient writers such as Sophocles or civil war during and after the Second World War, Greece is well versed in the causes and consequences of tragedies even if they have rarely touched directly on other nations. However, unlike…

By Troy Stangarone On May 2, Korea and China announced that they would begin talks on a bilateral free trade agreement. In many ways, this is a significant step in bilateral relations between Korea and China. The two countries only formally established relations in 1992, and in two short decades the relationship has blossomed on…

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