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 Jaeho Jeon Most Koreans are interested in two things now. Whether the people involved in the ‘Choi Soon-sil scandal,’ including President Park Geun-hye, Choi Soon-sil, and Lee Jae-yong, vice chairman of Samsung Electronics, will be punished and who will be the next president of South Korea. The Constitutional Court is scheduled to make a…

By Troy Stangarone In the most recent trade data released by China, imports of North Korean coal exceeded the volume and dollar caps set under the latest round of UN sanction by 1 million metric tons and by nearly $115 million.  With China having substantially surpassed the caps set for imports of coal from North…

By William Brown Chinese Customs reported yesterday that imports of North Korean anthracite surged in December, despite late November UN Security Council sanctions that are supposed to curtail North Korea’s coal sales, its biggest foreign exchange earner. The new data shows North Korea exported to China 22.5 million tons of anthracite worth $1.2 billion in…

By Junil Kim The official establishment of South Korea’s newest political party, the Bareun (Righteous) Party, brings the number of official negotiation parties in the National Assembly to four. The party, comprised of former Saenuri legislators, broke away from the ruling party in light of the political fallout from President Park Geun-hye’s recent scandal and…