Asia

Seong-Hyon Lee argues that the trilateral relationship between South Korea, Japan, and China is currently at a critical juncture as historical legacies, territorial disputes, and the evolving geopolitical landscape pose…

This introduction provides a broader framework for the first four papers in this issue of Korea Policy by examining five distinct ways or areas wherein trade and investment intersect with…

This paper examines the concept of “derisking” and how the Japanese Economic Security Promotion Act (ESPA) has responded to it within the framework of deterrence theory. It explores how ESPA…

Not everyone in Korea or foreigners abroad want to hear about national advertising initiatives that focus on mainstream issues like K-Pop, Hallyu or ancient Korean Kimchi culture. Instead, many want…

On January 11, 2013, the Korea Economic Institute of America recently led Washington DC’s celebration of Korean American Day by hosting a luncheon event to honor two Korean Americans for…

With North Korea announcing to the world that it will be attempting to launch a second satellite for 2012, many analysts have been speculating as to why Pyongyang is so…

In this episode we spoke to The Economist’s South Korea correspondent, Daniel Tudor. Having been based in Korea for over a decade, Tudor has just finished writing one of the…

Investment Announcements July 24, 2023: Samsung SDI announced plans to establish a second EV battery manufacturing “Gigafactory” facility as part of their StarPlus Energy joint venture with Stellantis. September 27, 2023: Samsung SDI announced it will inject $1.98 billion as part of its investment into a battery factory, reportedly near Kokomo, IN where its gigafactory…

Two decades ago, South Korea was rarely called a middle power. Today, it invites ridicule to suggest South Korea is anything but a middle power. Given the concept’s ambiguity and lackluster academic credentials, why did the definition become so widely applied? The immediate answer is obvious. South Korea started to be labeled a middle power…

There are a plethora of studies on South Korea as a middle power. Some argue Korea needs to change to fit the term, some reinvent the term to fit Korea, and still others just use the term without questioning. Very few ask why we bother at all. The modern term “middle power” is an historically…

Korea has faced persistent labor shortages since the late 1980s, centered on small and medium-sized enterprises (SMEs), which tend to pay low wages for low-skilled, non-regular jobs. SMEs have faced increasing difficulty in replacing retiring workers with young people, given the large education gap between generations. In 2021, 69% of the population aged 25 to…