Abstract
This Study investigates the factors responsible for the recent decline in area studies and the surge of international studies in the U.S. in order to draw lessons from the U.S experiences as a late developer. Three factors are identified: the demise of the Cold War, the methodological failure of area studies (and thus, the failure to meet policy objectives), and the emergency of a new agenda due to globalization. After reviewing previous literature on American studies in Korea, we suggest that the identity of area studies be redefined by considering the world situation the Korea currently faces and that adequate methodology be employed combining empathetic interpretation and scientific methods. We have also explored policy options regarding the area studies program at the graduate and undergraduate levels and funding decisions for research grants.