The world’s youngest country, the Republic of Kosovo, declared its independence in February 2008. Currently sixty-four countries have recognized Kosovo as a sovereign state, while it has also been admitted to both the IMF and World Bank. Kosovo’s independence has resulted in significant development for the country in all spheres and has proven to be a factor of stability for the region. Many of its international allies and partners, including the US, NATO, and EU remain committed to ensuring the stability of Kosovo. After almost two years of self-rule, the World Affairs Council and Commonwealth Club are honored to host the independent Republic first President to discuss the present and future for this new nation.

South Korea is recovering from the global financial crisis and ensuing recession much more quickly than most other countries. Byongwon Bahk, former senior economic advisor to Korean President Lee Myung-bak, will detail how Korea has been relatively successful in dealing with these acute problems, but he will argue that South Korea must implement major structural reforms if it is to sustain long-term growth. He will also explain why South Korea must draw lessons from the successes of its globally competitive manufacturing sector and apply them to weaker sectors such as financial services and agriculture. During the past decade, Mr. Bahk was in charge of the management of Korean macro-economic policy at the Ministry of Finance and Economy, reaching the level of vice minister, as well as served as a presidential advisor in Korea’s Blue House. Currently, Mr. Bahk is the Korean Studies Program Koret Fellow at Stanford University.