South Korea

This article was published in East Asia Form on February 24, 2024. After expanding by 2.6 per cent in 2022, South Korea’s economy cooled in 2023. Waning global demand for South…

This article was published in The National Interest on January 30, 2024. The trends driving the U.S.-ROK alliance to enhance cooperation around extended deterrence and establish the Nuclear Consultative Group…

This article was published on The  Diplomat on October 2, 2023 On October 1, the United States and South Korea marked the 70th anniversary of their security alliance. For much…

This article was published on The Asan Forum on September 4, 2023. The first ever stand-alone leader-level summit at Camp David between President Biden, Prime Minister Fumio Kishida of Japan,…

Questions of whether the K-pop market has peaked are hardly new. Concerns about market oversaturation have been raised since the inception of the third generation in 2012 when the number of groups that debuted annually more than tripled. New bands from industry powerhouses are not making the expected impact in sales, and there has been…

The Ninth Korea-Japan-China Trilateral Leader Summit, hosted in Seoul on May 27, marked the first meeting since the annual event went on hiatus after 2019. Amidst a shifting global economic order, its proclamations affirmed continued trade relations with China by Korea and Japan and brought a new sense of dynamism to economic cooperation among the…

The British government announced that the United Kingdom’s approach toward the Indo-Pacific region, termed the Indo-Pacific Tilt, has been successfully completed and that the next stage will involve increasing engagements within the region. This provides an opportune moment for South Korea to expand its bilateral relationship with the United Kingdom by increasing cooperation in minilateral…

The semi-annual OECD Economic Outlook released in May projects that global GDP growth will remain around 3 percent in 2024 and 2025, shown below in Figure 1. The report’s outlook reflects the continued impact of tight monetary conditions. Nevertheless, the report cites several positive trends, such as falling inflation and improving private-sector confidence. With unemployment…