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In the aftermath of the Global Financial Crisis, the multilayered international financial governance regime has been strengthened. In East Asia, this regime includes an ASEAN+3 regional layer designed to complement…
Dear Readers, With the 31st edition of Korea’s Economy, we have turned our focus to Northeast Asia where China and Japan represent two of South Korea’s most important trading partners.…
The ROK-Japan relationship seemingly found a floor after the downward spiral that marked the end of the Lee Myung-Bak presidency and the first three years of President Park Geun-hye. Seoul…
This report conducts an analysis of the corporate bond market in Korea and the changes in interest rates and term structure since the 1997 Asian financial crisis. The potential risks…
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 Troy Stangarone After December’s satellite launch, February’s nuclear test, and months of talk of war, is North Korea finally beginning to turn the corner in the first full scale crisis under Kim Jong-un? As was previously documented on The Peninsula, despite the increasingly provocative rhetoric coming out of Pyongyang in recent months, there was…
By Park Jinho In the aftermath of a successful summit meeting between Korea and the U.S., the Park Geun-hye administration is preparing for a summit meeting with Chinese President Xi Jinping. The key strategic points to consider are how to define Korea’s role and which responsibilities to share with China and the U.S. as well.…
By Troy Stangarone Ever since the United States detonated a nuclear weapon over Japan at the end of World War II, nations have felt the need to pursue a nuclear weapons program. They have sought nuclear weapons as the ultimate means of deterrent, as a means to gain leverage over their adversaries, and as a…
By Troy Stangarone, Andrew Kwon, and Peter Taves With the passing of Kim Jong-il in December of 2011, the United States and South Korea entered into a new period of uncertainty with North Korea. Shortly after Kim Jong-un assumed power, questions were raised regarding the extent of his hold on the regime in Pyongyang and…