Asia

Financial crises are more common than people usually expect. In fact, 139 financial crises from 1973 to 1997 have been identified by Eichengreen and Bordo, and they concluded that the…

Science diplomacy refers to international scientifi c cooperation aimed simultaneously at advancing scientifi c knowledge and improving and strengthening broader relations between participating countries and groups. Science diplomacy has proved…

National identity in South Korea is steeped in historical regret laced with wishful pursuit of idealistic absolution. Intemperate bouts of seeking immediate satisfaction draw support from the right or the…

South Korea is currently engaged, once again, in a large-scale, expensive modernization of its military that aims to provide the country with a more robust and self-sufficient defense. The timing…

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.…

What Happened Shipping terminals in Busan are struggling to find cargo space for their clients because global carriers are prioritizing goods from China’s factory belt over those from South Korea. The trade disruption caused by the pandemic led to a reduction in the number of available shipping containers in Asia. The lack of shipping containers is especially hitting smaller…

What Happened With increased financial digitization, Korean banks are shutting down their brick and mortar stores around the country. Throughout the pandemic, the elderly have struggled to access basic items such as masks using digital tools. More recently, their inability to quickly claim leftover vaccines through an online system left them at a disadvantage compared to the younger, tech-savvy population. Implications:…

Earlier this week, the North Korean Foreign Ministry released an article entitled “‘Humanitarian Aid’ Should Not Be Abused For Sinister Political Purpose.”  The article was given wide circulation—released by the Foreign Ministry and also the official press agency KCNA.  In a country where the media is rigidly controlled by the regime, the release of such…

With so many South Koreans adopting information and communication technology, the South Korean government used the data collected from its citizens to provide better public services. However, its success and other developments may be weakening the political support behind data privacy. Since the outbreak of COVID-19, public health officials have adopted technologies like quick response (QR)…