Asia

This paper aims to trace the major changes that took place in the Korean housing market and the housing finance system during the past decade, and also to offer an…

Rocky roads conjure images of pitfalls and jarring bumps on a tortuous journey toward some desired destination, without assurance that some calamity will not bar the way to the hoped-for…

Between winning the election in December 2007 and taking office in February 2008, Lee Myungbak and his administration sketched out a massive reform program that would potentially affect every aspect…

The year 2008 saw a reversal of a long-lasting policy constellation in the international community visà- vis the Democratic People’s Republic of Korea (North Korea). South Korea, for 10 years…

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 New Southern Policy Plus (NSP Plus) was announced by President Moon Jae-in at the 21st ASEAN-ROK Summit on November 12, 2020. While maintaining emphasis on economic partnerships, the NSP Plus identifies collective recovery from the Covid-19 pandemic and sustainability as critical areas for cooperation. It expands on the original NSP’s three-pillar framework of “People,…

One prominent strand of North Korea watching takes the form of tracking individual personnel movements: the ups and downs associated with retirements, purges and the promotion of new favorites. Yet there is persistent doubt about whether these movements are really consequential, particularly in a highly personalist political system. We can get a somewhat more rounded…

What Happened Named “Operation Miracle,” 391 Afghans who helped the Korean government’s activities in Afghanistan were brought to Korea as “persons with special merit” - but not as refugees. President Moon Jae-in said the successful evacuation was “highly recognized by the international community” and hopes that it will serve as an opportunity to better establish South…

In South Korea, culture plays an active role in developing industries – and industries help further promote Korean culture. Developments in the “metaverse” show us how this partnership operates. In response to the pandemic, companies are building online worlds where people can interact with other users through a virtual character (think about using a multiplayer…