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USKI's Working Paper Series

USKI's Working Paper Series seeks to be both informative and policy relevant, covering some of the most topical issues facing South Korea today.

I: Korea's Regional Diplomacy

This track examines Korea's strategic opportunites to increase cooperation and collaboration with its Asian neighbors.

WPS 08-4:  How Korea Could Become a Regional Power in Northeast Asia: Building a Northeast Asian Triad, by Im Hyug Baeg, Ph.D. (NEW) In this paper, Dr. Im presents strategies for increasing South Korea's soft power and smart power around Asia in order to close the power gap with its Northeast Asia neighbors, China and Japan.

WPS 08-2: Korea: An Important Part of India's Look East Policy, by Walter Andersen (Dec. 2007)

WPS 08-1: In Pursuit of Peaceful Development in Northeast Asia: China, the Tumen River Development Project, and Sino-Korean Relations, by Carla P. Freeman, Ph.D. (Mar. 2008)

II: North Korea

This track focuses specifically on the diplomatic relations of North Korea. It examines the issues and challenges North Korea faces in normalizing relations with the U.S., as well as its regional neighbors.

WPS 08-3: Necessary Enemies: Anti-Americanism, Juche Ideology, and the Tortuous Path to Normalization, by Charles Armstrong, Ph.D. (Sep. 2008)

Find out more about USKI's Working Paper Series.


Korean Economy Series

This special study on Korean economic policy focuses on the changing nature of foreign direct investment in South Korea. Foreign direct investment (FDI), defined as sufficient company ownership that provides some degree of managerial control, improves a nation’s productivity and economic growth. Until the Asian financial crisis in 1997, the Korean government exercised a de facto policy of discouraging inward FDI. However, as part of its acceptance of IMF support to resolve the crisis, the government opened the economy to foreign ownership of domestic business. In the years after the crisis, foreign investment surged. However, despite these changes, Korea still lags behind other developed and developing countries as a target for FDI. 

In this three-part working paper series, Dr. Arthur J. Alexander, investigates the changing nature of FDI into the country, the policy and political responses, and the concerns in the country that may induce a cautious approach by administrators.

The first report in this series examines the long-term economic perspective of FDI in Korea:  Foreign Direct Investment in Korea: Trends, Implications, Obstacles.

The second report in this series takes an in-depth look at the trends of Mergers and Acquisitions (M&A), Korea's leading source of FDI: Mergers and Acquisitions in Korea: The Leading Edge of Foreign Direct Investment.(NEW)

The third report in this series, Policy Implications of Korea’s Low-Intensity Foreign Direct Investment, is forthcoming in December 2008.

Find out more about this special study on Korean FDI.


U.S.-Korea Yearbook

SAIS U.S.-Korea Yearbook 2007

Each fall semester, the Korea Studies concentration at SAIS offers "The Two Koreas: Contemporary Research and Record." This course allows students to prepare individual reports on selected issues for a U.S.-Korea Yearbook, published by SAIS. As part of their research, student authors make a one-week research trip to Seoul to test their ideas with experts and officials.

SAIS U.S.-Korea Yearbook 2007
SAIS U.S.-Korea Yearbook 2006


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