Asia

The purpose of this research is to identify an exchange rate regime that would be suitable for North Korea to achieve its goal of economic reform. To do so, we…

This paper reviews and evaluates the development of Bank of Korea policy in historical and comparative perspective. The historical perspective focuses on the most recent of the three stages of…

During the past decade there has been growing academic interest in the field of nation branding. It is increasingly common for governments to adopt the techniques of brand management in…

In Northeast Asia and the United States during the later months of 2008 a great deal of attention was paid to the health of Kim Jong-il. Rumors of a stroke,…

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 summit between President Joe Biden and President Moon Jae-in on May 21 was a resounding success.  Substantively and symbolically they reaffirmed the important strategic and economic relationship between Seoul and Washington.  But at the same time, they carefully avoided the differences between the two on how to proceed in dealing with North Korea, particularly…

Despite the completion of the internal policy review and a successful summit, newly-appointed North Korea envoy Sung Kim faces many of the same constraints that have long plagued U.S. North Korea policy. The Biden administration has rightly acknowledged that any engagement implies “a calibrated, practical approach.” But there are simply not that many policy levers…

What Happened On April 1, Minjok Sarangbang, a small South Korean publishing company, printed copies of Kim Il Sung’s 1992 memoir, With the Century without the required government approval. The Ministry of Unification is investigating the situation, and South Korean retailers pulled the books from their shelves. Multiple conservative civic groups filed an injunction to prevent the sale of Kim’s memoir claiming it could endanger…

What Happened In March, the Biden administration encouraged Seoul to increase trilateral cooperation with the U.S. and Japan. Biden’s first face-to-face meeting with an international leader occurred in April when Japanese Prime Minister Suga arrived in Washington. The U.S. president’s second in-person meeting with a world leader was with South Korean President Moon Jae-in on May 21. Implications: The White House…