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,…

President Yoon Suk Yeol won office after promising to revitalize bilateral relations with Japan, a goal he has made significant efforts towards. On both the national and personal level, the relationship has a much warmer tone compared to the frigidness of the Moon-Abe years. But is this just the upward turn before the eventual decline…

Korea’s real GDP growth will rebound to more than 2 percent in 2024 and 2025, according to the Organization for Economic Co-operation and Development (OECD)’s bi-annual economic projections published at the end of November (Figure 1). The OECD’s outlook of 2.3 percent next year is in line with the 2.1 percent and 2.2 percent forecasts…

The latest guidance for electric vehicle (EV) subsidies doubles down on National Security Advisor Jake Sullivan’s vision for a “small yard, high fence.” On Monday, the Treasury Department in conjunction with the Internal Revenue Service (IRS) and the Department of Energy (DOE) issued proposed regulation defining what it means to be a foreign entity of…

Last week’s Asia-Pacific Economic Cooperation (APEC) summit in San Francisco concluded where discussions among Asia-Pacific leaders heavily focused on trade, investment and security across the region. Taking place on the heels of seventh round negotiations for the Indo-Pacific Economic Framework (IPEF) the week prior, the summit marked President Yoon Suk Yeol’s first attendance of an…