Asia

This paper explores how South Korea defines “economic security.” Amidst geopolitical turbulence, the framing of this concept by governments and policy circles around the globe is reflective of the changes…

This paper examines how Beijing views economic security as well as other countries’ actions in this realm. Economic security is not a new or foreign concept to Chinese thinkers and…

This paper argues that while North Korea does not discuss “economic security” in domestic contexts or have an established definition of the term, it thoroughly understands that the economy and…

The Democratic People’s Republic of Korea (hereinafter DPRK or North Korea) has been pursuing technological development in a very different way from the standard path of global technology growth due…

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.…

The campaign for the March presidential election has been marred with partisan attacks and personal scandals that are reflective of the deeply seated fissures in Korea that mirror the emergence of bipolar "mega identities" in the U.S., especially as a backlash to the alleged successes or failures of the progressive Moon Jae-in administration. But in…

The potential growth rate – the level of output that an economy can produce at a constant inflation rate – in Korea has declined steadily from 5.0% during 1997-2006 to 2.7% during 2017-20, according to the OECD (Figure 1). The OECD projects that it will slow further to 2.2% from 2021-23. The Bank of Korea…

On March 9, South Korean voters will select their next president for a five-year term.  The South Korean constitution limits presidents to a single term, so there is no incumbent in the race. The presidential campaign is a contest between Lee Jae-myung, candidate of the progressive Democratic Party of current president Moon Jae-in, and Yoon…

What Happened: In January 2022, Indonesia announced a ban on coal exports. Indonesian coal accounts for 20% of Seoul’s total coal imports. In response, the South Korean government urged the Indonesian government to remove the ban on coal exports. Despite these actions, the South Korean government officially stated that Indonesia’s ban on coal exports would…