Asia

During the two-year period since the outbreak in August 2007 of the U.S. subprime crisis, Korea has felt its severe effects: Korea’s economy contracted sharply and experienced a liquidity crisis.…

There is certainly a place for regionalism in Northeast Asia.1 It already exists in various amorphous ways, but regional identity is relatively weak in Northeast Asia, and for this and…

The rise of China means that the regional (not global) power structure is shifting from unipolarity to bipolarity. Whether this is a positive or negative development depends on a particular…

The dramatic events of recent months—and, above all, North Korea’s second nuclear test and long-range missile launch—demonstrated once again that the Barack Obama administration and the international community at large…

In this special episode of Korean Kontext, KEI's Juni Kim sat down with three North Korean defectors who have settled in South Korea. Each of them has a different story…

On May 10, former human rights lawyer Moon Jae-In officially became the next president of South Korea, filling an office that had been empty since former President Park Geun-Hye's impeachment…

The upcoming presidential election in Korea on May 9th will place many key issues under the microscope. One meriting serious consideration that has featured less prominently in the political discourse…

After the closure of the Kaesong Industrial Complex last year, economic ties between North and South Korea have all but ceased. And as sanctions measures continue to tighten, the international…

U.S. and South Korean companies continued to plow ahead and forge partnerships across several domains in Q2 despite uncertainty surrounding bilateral trade relations and policy. Bolstered by partnerships in technology, shipbuilding, clean energy, and artificial intelligence, new projects include Korean firms constructing U.S. containerships as well as unmanned surface vehicle (USV) development, providing greater support…

New South Korean President Lee Jae-myung takes office at a time of serious economic challenges in South Korea. Real GDP fell by 0.2 percent in the first quarter of 2025, with private consumption, fixed investment and exports all reporting declines. The political crisis triggered by Yoon Suk Yeol and his martial law declaration late last…

According to the World Bank, certain minerals associated with battery technology are expected to see relative increases in demand of up to 500 percent by 2050 as part of the global transition to clean energy. Thus, sourcing critical minerals for the clean energy transition will be paramount to its success, particularly in the context of…

On June 10, Cuba’s first Ambassador to South Korea Claudio Monzón Baeza formally opened his country’s embassy in Seoul. The festive event was held with the South Korean Ministry of Foreign Affairs’ director-general for Latin American affairs and included remarks from the Cuban Ministry of Foreign Affairs’ director-general for Asia and Oceania. The Cuban diplomats…