Asia

The Fall 2024 issue of Korea Policy, Broadening the Alliance: New Frontiers in US-South Korea Cooperation, is a special issue focused on the US-ROK alliance. The issue is motivated by…

The Joe Biden and Yoon Suk-yeol administrations have embraced the expansion of economic cooperation within the US-ROK alliance, leading to the emergence of South Korea as a valued technology partner…

The security alliance between the United States and South Korea, once focused primarily on military defense, is evolving to include economic security and technological cooperation. The evolving partnership between the…

This paper elucidates how Washington and Seoul cooperate on AI and quantum technologies, both recognized as critical emerging technologies essential to their national interests. Technology cooperation is denoted as government-to-government…

Strategically located at the crossroads of Central Asia, China, and Russia, Mongolia has long attracted the attention of regional powers – including the Koreas. How is this traditionally-nomadic, but resource-rich,…

Though hesitant to officially join the U.S. Indo-Pacific Strategy, South Korea is seeking to promote many of the same values through the Moon administration’s “New Southern Policy.” Central to this…

The U.S. Peace Corps was active in South Korea between 1961 and 1981. One of the many volunteers who served in South Korea was KEI president and CEO Kathleen Stephens.…

This month, the world was reminded once again that the relationship between the Republic of Korea and Japan is deeply fractious. Japan has imposed restrictions on the export of chemical…

What Happened Last year, President Moon Jae-in announced the Youth Hope Package Assistance, an approximately USD 17 billion-budget project to address the youth’s economic challenges. The package includes a recently-announced college tuition assistance plan to support families with multiple children. The new policy comes as a growing number of people struggle with the high cost of housing and childcare in Korea.…

As the world becomes more globalized, culture is not only being exchanged, integrated, and fused but also returned in a new form. Korean fried chicken is an example of how an American dish became transformed in Korea and returned to the United States. Fried chicken was introduced to Korea through American troops stationed in the…

What Happened In May 2021, South Korea reached almost 16 million 5G subscribers. South Korea’s ICT ministry stated plans to create around 1,800 companies that specialize in new 5G services over the next 5 years to power tech services such as remote-controlled factories, self-driving vehicles, virtual reality, and more. Yet, 5G mobile users have filed lawsuits against mobile carriers arguing…

What Happened A July 2021 report from the Bank of Korea showed that housing prices in the country have surged by 47% since 2017. The Moon administration implemented a series of regulations over the past four years to cool the overheated housing market. The central bank chief expressed concerns that low interest rates - adopted to cope with the…