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.…

Another end of June means another G7 summit just wrapped up—this time in Italy’s Apulia province. Both the scope of discussions and the expanded roster of participants suggest a changing role of the grouping, providing a choice opportunity to consider adding other partners to help bring order to an increasingly chaotic global landscape. Although it…

At the end of May, South Korean President Yoon Suk Yeol hosted a high-level summit with representatives from Japan and China. It was the first time Japanese Prime Minister Kishida Fumio traveled to South Korea this year and was also the first visit to South Korea by Chinese Premier Li Qiang since his appointment in…

Russian President Vladimir Putin has a very short list of countries on his list of available international travel destinations these days. He made a wise choice to travel to Pyongyang, where he could be feted as a fellow dictator and share relief from sanctions-imposed isolation. However, Putin’s decision to sign a comprehensive mutual defense pact…

MSCI, a New York-based international ratings provider, is soon to release its annual Market Classification Review. The findings will determine what next steps Korea needs to focus on to move from the index of emerging markets to that of a developed one. Once the latter occurs, it would allow Korea to be listed alongside other…