Asia

Why is South Korea pilot-testing its Central Bank Digital Currency (CBDC), and what made it shift from non-issuance to consideration? This paper investigates the Bank of Korea (BOK)’s CBDC-related developments…

How is the increasing spread of artificial intelligence (AI) likely to shape the cyber capabilities of the Democratic People’s Republic of Korea (DPRK; North Korea) in the coming years? Over…

In this new article of KEI’s Korea’s Economy,  Dr. Bark Taeho (President of the Global Commerce Institute of Lee & Ko and Former Minister for Trade) notes that Korea has faced…

The COVID-19 pandemic caught almost all countries unprepared. Some countries, including South Korea (hereafter Korea), managed to deal with the pandemic relatively more successfully than others and had a proactive…

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.…

By Troy Stangarone A little more than a year after North Korea initially withdrew its workers from the Kaesong Industrial Complex, South Korea announced that German manufacturer Groz-Beckert has received approval to open an office in Kaesong to supply industrial needles to textile factories in the complex. This will make Groz-Beckert the second foreign investment…

By Nicholas Hamisevicz Just as April is historically one of the most contentious months for inter-Korean relations, the West Sea and the Northern Limit Line (NLL) have been among the most contentious areas in inter-Korean relations. Multiple firefights, the sinking of the Cheonan, and the shelling of Yeonpyeong Island all took place in this region.…

By Nicholas Hamisevicz April is often a contentious month for inter-Korean relations. With joint and combined military exercises, along with anniversaries and holidays, there are plenty of opportunities for provocations and hateful rhetoric. April 2014 was no different. An inter-Korean understanding earlier in the year toward ceasing hostile rhetoric has collapsed and North Korea again…

By Nicholas Hamisevicz Reassure, reaffirm, reengage, and rebalance are all going to be key words used during President Obama’s trip to Japan, South Korea, Malaysia, and the Philippines. This is a very important trip for President Obama. During this visit to Asia, President Obama has to try to make up for the cancellation of a…