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The Peninsula
The Peninsula blog is a project of the Korea Economic Institute. It is designed to provide a wide ranging forum for discussion of the foreign policy, economic, and social issues that impact the Korean peninsula.
Views on the Upcoming Moon-Biden Summit from KEI Advisory Council
May 17, 2021
By KEI Advisory Council President Joe Biden and President Moon Jae-in are scheduled to meet in Washington D.C. on May 21. For President Biden, this will be his second summit…
Economic Concerns Trump Environmental Policy
Korea View
May 10, 2021
Despite policies acknowledging sustainable energy’s importance, South Korea’s Green New Deal is weaker than initially promised.
The Impact of the Pandemic on Women in the Korean Labor Market
Randall S. Jones
May 7, 2021
Korea stands out for its success in handling the COVID-19 pandemic and limiting its economic impact. The 1.0% fall in real GDP in 2020 was the smallest decline among the…
Seoul Housing Prices Speak to Larger Social Problems
Korea View
April 29, 2021
The government focuses on housing issues after the ruling Democratic Party’s loss in the Seoul and Busan mayoral elections, but bigger challenges remain.
South Korea Benefits from U.S. Strategic Interest in Chips
Korea View
April 23, 2021
The White House push to address the chip supply shortages impacting U.S. manufacturing could be a boon to South Korean tech firms.
South Korea’s Adaptable Engagement with Iran
Korea View
April 21, 2021
Seoul explores a more flexible bilateral relationship with Iran as the Biden administration signals openness to recommitting to the JCPOA.
North Korea’s Difficulties Coping with COVID-19
Robert King
April 20, 2021
The government of North Korea continues to report that it has no cases of COVID-19. In its most recent submission to the World Health Organization on April 1, Pyongyang reported…
Korea’s Monetary Policy During the COVID-19 Pandemic
Randall S. Jones
April 7, 2021
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). Faced with further disinflationary pressures…