Asia

Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s real gross domestic product (GDP)…

Korea is in the midst of the most rapid demographic transition of any member country of the Organization for Economic Cooperation and Development (OECD); the share of Korea’s population older…

There are few areas about which there is a greater range of opinions among international monetary experts than the issue of exchange rate regimes. Eminent economists can be found who…

In 2005, the Korean government implemented a number of new financial policies. Of those, two policy measures deserve special attention because of their potentially significant impact on domestic financial markets.…

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…

Attendees at a reception last week by the South Korean Embassy at Tokyo’s New Otani Hotel, held to celebrate the sixtieth anniversary of the normalization of diplomatic relations between South Korea and Japan, were pleasantly surprised when Japanese Prime Minister Shigeru Ishiba showed up to deliver a warm address. He was followed by former prime…

From June 16 to 17, South Korean President Lee Jae Myung attended the Group of Seven (G7) Summit in Kananaskis, Canada. This was Lee’s debut on the global stage just thirteen days after he was elected to office. Despite very little time to prepare for multilateral summit meetings, Lee’s attendance offered a timely opportunity to…

In March 2025, South Korea admitted for the first time that the government doctored paperwork and faked the identities of at least 367 children between 1964 and 1999 in a bid for political and economic gains. South Korea’s Truth and Reconciliation Commission (TRC), an independent body established by the government to investigate historical injustices, described…

On May 28, 2025, the U.S. Court of International Trade (CIT) issued a permanent injunction against wide-sweeping tariffs imposed by the Donald Trump administration using the International Emergency Economic Powers Act (IEEPA), which included universal and reciprocal tariffs announced on “Liberation Day” as well as fentanyl-related tariffs. The CIT’s three-judge panel held that the U.S.…