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Although the Korean Peninsula has been divided for over 70 years, North and South have not been able to make lasting progress in terms of reconciliation. While there are multiple…

Why is South Korea pilot-testing its Central Bank Digital Currency (CBDC), and what made it shift from non-issuance to consideration? This paper investigates the Bank of Korea (BOK)’s CBDC-related developments…

This paper deals with one of the most critical issues in contemporary international relations: how China’s rise challenges foreign policies of U.S. allies, with a focus on the Republic of…

By Eunjung Lim On April 13, 2016, the legislative election for the 20th National Assembly of South Korea (hereafter Korea) was held. Like many Korean dramas that have earned popularity across different continents, this election was full of dramatic turnovers that made Korea experts on the other side of the world, in Washington, D.C., surprised…

KEI Communications Director Jenna Gibson, host of Korean Kontext, recently interviewed Dr. Stephan Haggard of the University of California-San Diego on the North Korean economy, the role of black markets, and the potential impacts of new UN sanctions. The following is a partial transcript of that conversation. The rest of the conversation can be found…

By Nicholas Hamisevicz  February was another difficult month for inter-Korean relations. After a nuclear weapons test in January, North Korea then conducted a satellite launch that also served as a ballistic missile test. The Park Geun-hye administration in South Korea closed the Kaesong Industrial Complex (KIC) in response, leaving no continuous projects or connections left…

By Thomas Lee With almost three months remaining before the 7th Korean Worker’s Party Plenum is scheduled to convene in May, South Korean intelligence sources state that North Korea appears to preparing for its fifth nuclear test. Although few if any signs of test preparations have been detected by satellite imagery, the recent experience with…

Please join KEI and KIEP for a discussion about the first 10 years of KORUS and the future of the U.S.-Korea economic relationship.