Asia

Well-functioning capital markets should encourage private saving and investment by channeling surplus funds to reach their most productive uses. In the process, well-functioning capital markets create a diverse menu of…

During the 1972 U.S. presidential campaign, “Deep Throat,” later revealed to be Associate Director Mark Felt of the FBI, counseled Washington Post journalists Bob Woodward and Carl Bernstein to “follow…

After the Asian financial crisis of 1997, the Korean government geared up to carry out financial restructuring. As a result, the number of domestic financial institutions stood at almost half…

Korea’s money market includes the call market as well as markets for monetary stabilization bonds (MSBs), negotiable certifi cates of deposit (CDs), repurchase agreements (repos), commercial paper (CP), and cover…

Despite being industrial powerhouses, Korea and Japan are both resource-poor nations with limited domestic sources of energy. Powering their economies required both to develop supply chains for fossil fuels, nuclear…

In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…

In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…

In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…

This is the first in a two part series looking at the entry of South and North Korea into the United Nations. The second part can be found here. September 17 marked the 30th anniversary of the entry of North Korea and South Korea into full membership in the United Nations.  In recommending admission of…

What Happened In early September 2021, a human rights group brought public attention to the suicide of a verbal and physical bullying victim in the South Korean navy. This comes on the heels of several recent highly-publicized suicides and abuse incidents within the Korean military. In response to years of public pressure, the government has steadily advanced changes, including civilian court trials for military personnel…

What Happened Until December 2020, Korea maintained a singular publicly mandated digital authentication system for accessing online services. Surveys showed that this protocol was unpopular among users. In December 2020, the government began allowing online vendors to use authentication systems of their choosing. However, the change has caused confusion as many people are now unable to access online services using verification…

A few months ago, the New York Times reported that North Korea’s ruler, Kim Jong-un, had called K-pop a ‘vicious cancer.’ Rather than see this pronouncement as an exceptional step taken by a totalitarian regime, one can think of this as yet another expression of an ongoing struggle to control information entering North Korea. In…