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Not Worth a Dime? Korea Should Stop Producing 10 Won Coins

Late last year, the Bank of Korea (BoK), South Korea’s central bank, announced its plans for a “Cashless Society,” which first and foremost means getting rid of coins by 2020. But while the BoK has reduced its annual expenditure on coin production by 200 million won from 2015 to 2016, it could do more.

Korea Loses Spot as Third Largest Sender of Students to the U.S.

In 2016, South Korea officially dropped from the third largest source of international students in the United States to the fourth largest, now sitting behind China, India, and Saudi Arabia. The gap is small – Saudi Arabia sent just 280 more students than Korea in 2016 – but with the number of Korean students in the United States on a downward trend, that gap may widen in the coming years.

Overseas South Korean Voters: Impact on the 2017 Presidential Election

The larger voter registration numbers this year signal greater enthusiasm among Koreans abroad in participating in the upcoming election. While there are certainly a myriad of other factors that will shape the election narrative in the coming weeks, overseas voters will play an influential part of the election outcome.

A Conversation on THAAD from the Chinese Perspective

KEI Communications Director Jenna Gibson, host of the KEI podcast Korean Kontext, recently interviewed Yun Sun, Senior Associate with the East Asia Program at the Stimson Center, about the Chinese perspective on the THAAD missile defense system.

The Federal Reserve Challenge for Korea

Higher interest rates will dampen the effectiveness of his promised stimulus package and, vis-à-vis a stronger dollar, make U.S. exports more expensive. While the latter will further complicate Korea’s relationship with Trump over the bilateral balance of trade, the biggest challenge to Korea stemming from the Fed rate rises will hit closer to home.