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What is North Korea? A threat. A headache. A problem. But not so often an economy. The DPRK is much discussed and fretted over, yet our attention tends to be…
China’s political attitudes toward the Korean peninsula and its role in managing North Korea have been a constant source of intrigue for many Asia watchers in the U.S. Trying to…
An exclusive interview with Dr. Alon Levkowitz, author of the most recent edition of the Korea Economic Institute’s Academic Paper Series. His paper, titled “The Republic of Korea and the…
As young South Koreans navigate an increasingly competitive education system and job market, a growing industry has presented a new opportunity: esports. No longer only viewed as a pastime or casual hobby, video games have opened a field for many to develop their skills and even attain superstar status. Esports is valued globally at $1.38…
Following his inauguration in May 2022, President Yoon Suk Yeol announced that his administration would devise South Korea’s own Indo-Pacific strategy, which would consequently take the place of his predecessor’s New Southern Policy. The exact details of the strategy are yet to be announced, but South Korea’s past and ongoing foreign engagements provide an initial…
The steep decline in Korea’s fertility rate has created concern. In 2020, the number of deaths exceeded the number of births for the first time, according to census data from the Ministry of Interior and Safety. The Ministry stated that “amid the rapidly declining birthrate, the government needs to undertake fundamental changes to its relevant…
On August 9th, President Biden signed the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act to boost U.S. investment in the semiconductor industry and incentivize domestic manufacturers. Some of its major provisions incentivize investment in the United States by major foreign chip manufacturers, namely those from Taiwan and South Korea. Framed as a…
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