Foreign Relations

The Korea Economic Institute (KEI) is pleased to issue the inaugural volume of its new flagship journal, Korea Policy. Our new journal carries forward the objective and spirit of KEI’s…

Although the Korean Peninsula has been divided for over 70 years, North and South have not been able to make lasting progress in terms of reconciliation. While there are multiple…

By Thomas C. Hubbard Nearly five years ago, when Lee Myung-bak had just been elected President of Korea, I participated in a study group sponsored by Stanford University and The Korea Society aimed at drawing up a blueprint for a “New Beginning” in U.S.-Korea relations. The goal was to help the new administrations coming into…

By Nick Miller Main Actors within North Korea Decision Making North Korea’s political structure is a set of institutions built to sustain the Kim family. The Korean Worker’s Party (WKP) and other state agencies were designed by Kim Il-sung and Kim Jong-il to be used to play rivals off one another and assist him in…

By Seongjin James Ahn Last week, state-owned Korea Gas Co. (KOGAS) beat out eight other bidders to secure a new $127 million pipeline deal in Iraq.  The contract, to be signed later this month, heralds yet another lucrative investment project for South Korea which, in recent years, has been very assertive in winning investment contracts…

By Jessica Choi A few days ago, I went to my friend’s favorite local Japanese sushi bar for the first time, and I noticed that there was bulgogi (Korean beef bbq) on the menu.  My interest was piqued, so I decided to try speaking Korean to the waitress.  Lo and behold, it turns out that…