Korea’s Monetary Policy During the COVID-19 Pandemic
With inflation undershooting its 2% medium-term target, the Bank of Korea (BoK) cut its policy rate by 50 basis points twice in 2019 (Figure 1)….
Security Cooperation with Seoul and Tokyo: Changing the Conversation
At a time when the Biden Administration is seeking to restore faith in the alliances and show resolve, the potential for security cooperation between Japan…
Citizens Signal Dissatisfaction in Polls
Opinion polls show growing support of critics of the Moon administration and the main opposition People Power Party (PPP).
A More Proactive South Korean Foreign Policy?
South Korea suggested that it may join the U.S.-led Quad+ initiative, suggesting it is prepared to become a more proactive player in the region.
A Day Late, But Not a Dollar Short: The New U.S.- Korea Burden-Sharing Agreement
After more than a year since the previous one expired, the U.S. and South Korea finally agreed to terms for a new military burden-sharing deal….
Secretaries Blinken and Austin Make First Overseas Visit to South Korea and Japan
The first trip abroad by the Secretary of State and the Secretary of Defense in a new administration are closely watched for clues to the…
Moon Pushes for Reconciliation with Japan
President Moon’s March 1 Independence Movement Day speech reaffirms his focus on mending relations with Japan in the coming year.
New China-Korea Military Hotlines
Repeated Chinese intrusions into South Korea’s air defense identification zone led to the establishment of two new military hotlines between the two countries.
Attention and Accountability in South Korean Sports
Public spotlight is on the widespread issue of bullying in sports as an increasing number of bullying accusations are surfacing against well-known athletes.
Antony Blinken on a Foreign Policy for the American People: Implications for the Two Koreas
It is the job of every foreign ministry to advance the interests of its country. But how, precisely? Biden’s first foreign policy speech stressed basic…