Asia

Economic relations between Korea and the United States reached new heights in the year 2006 with the launch of negotiations for a bilateral free trade agreement. While the negotiations were…

Rapid economic development lifted Korea’s per capita income from 15 percent of the U.S. level in 1970 to approximately half by 2005. Growth has been based primarily on inputs of…

The insatiable appetites of banks, insurance companies, pensions, endowments, and high-net-worth individuals make enormous capital possible for private equity funds. The private equity market has become an important source of…

The importance of having an efficient labor market is growing because of recent trends such as globalization, the development of information-communication technology (ICT), and the increasing need for foreign direct…

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 Junil Kim Known equally for inducing both sighs and groans from hopeful and jaded people worldwide, Valentine’s Day is just around the corner on February 14th. If the mere thought of Valentine’s Day is more headache-inducing than swoon-worthy, you could consider the wider array of South Korea’s romantically themed holidays. It doesn’t take an…

By Mark Tokola Make no mistake, South Korea’s shuttering of the Kaesong Industrial Complex (KIC) which it had operated just across the border in North Korea since 2004 is a big deal.  Far from being a commercial venture of marginal overall economic importance to the two countries, it has been a powerful symbol that no…

By Seho Park On February 8, South Korea will celebrate Lunar New Year, called Seollal in Korean. Most Koreans get three days of vacation for the occasion, which is one of the most important annual holidays in Korea. Although some traditions have fallen out of popularity as Korea modernized, there are still many customs associated…

Shortly before the 8th Republican presidential debate in New Hampshire North Korea conducted its second successful satellite launch. North Korea was also topic of discussion at the 5th Democratic presidential debate a few days earlier. Here is what the candidates had to say about the satellite launch in the Republican debate and more generally about…