Asia

Korea’s regulatory environment is often cited as being one of the most difficult aspects of doing business in Korea. Among the various regulations that foreign invested companies and foreign investors…

Well-functioning capital markets should encourage private saving and investment by channeling surplus funds to reach their most productive uses. In the process, well-functioning capital markets create a diverse menu of…

During the 1972 U.S. presidential campaign, “Deep Throat,” later revealed to be Associate Director Mark Felt of the FBI, counseled Washington Post journalists Bob Woodward and Carl Bernstein to “follow…

After the Asian financial crisis of 1997, the Korean government geared up to carry out financial restructuring. As a result, the number of domestic financial institutions stood at almost half…

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.…

This is the first piece in a series looking at how the issues identified in KEI’s annual “10 Issues to Watch for on the Korean Peninsula” series and other issues of note developed in 2022. The original “10 Issues” piece can be found here. Even before the pandemic little information was provided by the North Korean…

Since the mid-2000s, successive U.S. and South Korean administrations have touted the transformation of the ROK-U.S. alliance. They often highlight how a once asymmetric, Cold War alliance, rooted in strong military and security ties and shared sacrifice during the Korean War, has grown to encompass shared democratic and free-market values. In effect, U.S. and ROK…

Of the approximately 70 missiles tested by Pyongyang this year, Chairman Kim Jong Un celebrated the November 18 test of the Hwasong 17 intercontinental ballistic missile as the "completion of the world’s strongest strategic weapon." In remarks carried by the Rodong Sinmun on November 27, he also said that the test underlined "our daily-growing military…

Finding accurate and current information about North Korea has always been difficult, but steps taken by Pyongyang in an effort to deal with the COVID pandemic have made the problem of getting information about the North even more difficult.  A key source of first-hand information on the ground has been supplied by refugees who have…