In 1996, Korean and US officials, academics, and businessmen met in a frank, closed-door discussion of recent political, economic, and cultural developments affecting their two nations. These discussions came at a critical juncture in Korean-US relations as shifting international conditions have rapidly altered the environment in which both countries must interact. This volume highlights the topics discussed at the Twenty-First Century Council, which focused on Korea’s reform and globalization efforts, Korean-US security ties in a changing regional political environment, and the economic and political consequences of Korean unification.