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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.…
What Happened With increased financial digitization, Korean banks are shutting down their brick and mortar stores around the country. Throughout the pandemic, the elderly have struggled to access basic items such as masks using digital tools. More recently, their inability to quickly claim leftover vaccines through an online system left them at a disadvantage compared to the younger, tech-savvy population. Implications:…
Earlier this week, the North Korean Foreign Ministry released an article entitled “‘Humanitarian Aid’ Should Not Be Abused For Sinister Political Purpose.” The article was given wide circulation—released by the Foreign Ministry and also the official press agency KCNA. In a country where the media is rigidly controlled by the regime, the release of such…
With so many South Koreans adopting information and communication technology, the South Korean government used the data collected from its citizens to provide better public services. However, its success and other developments may be weakening the political support behind data privacy. Since the outbreak of COVID-19, public health officials have adopted technologies like quick response (QR)…
What Happened Last year, a revised law required public school teachers to undergo mandatory drug testing. Lawmakers revised the law in response to the rise of drug abuse in Korea in recent years. The Gyeonggi Province Teacher’s Union demanded education authorities re-examine the “unreasonable’ measure. Implications: Seeking to address growing societal problems, the South Korean government often overlooks communicating its…