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 The United States and Korea recently released year-end merchandise trade data. With the global economy slowing as China’s economy cools, many emerging markets saw growth slow or stall, while significant drops in oil prices proved more of a drag on economic growth than expected. As a result, both the United States and…

By Mark Tokola Make no mistake, South Korea’s shuttering of the Kaesong Industrial Complex (KIC) which it had operated just across the border in North Korea since 2004 is a big deal.  Far from being a commercial venture of marginal overall economic importance to the two countries, it has been a powerful symbol that no…

This year will see the election of a new U.S. president. As the primary season for both political parties begins to heat up with the Iowa Caucuses approaching, KEI has gathered comments by contenders for the Republican and Democratic presidential nominations on North and South Korea. Republican Candidates Jeb Bush February 18, 2015 - “America…

By Kyle Ferrier Reports that North Korea planned to attend the World Economic Forum (WEF) meeting for the first time since 1998 were understandably overshadowed by the regime’s fourth nuclear test, yet the two developments are intertwined. Byungjin, the simultaneous pursuit of economic growth and nuclear weapons, is a key aspect of Kim Jong-un’s leadership…

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