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 Troy Stangarone The United States has utilized financial measures to go after hard to reach targets engaged in illicit activities at least since tax evasion was used to bring down Al Capone. Now modern day financial methods are being utilized to inhibit North Korea’s efforts to advance its nuclear weapons and ballistic missile programs.…

With the Democratic and Republican presumptive nominees now identified, here is our comprehensive list of what the two candidates have said about the Korean peninsula since the beginning of the race. Hillary Clinton June 2, 2016 – “Take the threat posed by North Korea – perhaps the most repressive regime on the planet, run by…

By Phil Eskeland Economic sanctions to achieve foreign policy objectives do not have a long track record of success.  One analysis of 174 case studies going back to just prior to World War I by the respected Peterson Institute for International Economics concluded that economic sanctions succeeded just 34 percent of the time.  However, the…

By Troy Stangarone In recent interview with the Reuters, Republican Presidential Candidate Donald Trump indicated a willingness to speak with Kim Jong-un. While many of stories on Trump’s comments suggested that he would be willing to meet with North Korea’s leader, in his brief comments to Reuters on the matter he actually said “I would…