Asia

For more than a half century, the specter of renewed conflict across the demilitarized zone (DMZ) has dominated thinking about Korea’s future. To be sure, the prevailing political-military situation at…

The Korea Economic Institute (KEI) is pleased to issue the second of its new “Special Studies.” In contrast to KEI’s other publications, which generally take the form of a compilation…

During the past decade, the United States and Korea have pursued free trade agreements (FTAs) with a number of bilateral trading partners. For the United States, the Korea-U.S. (KORUS) FTA…

During the two-year period since the outbreak in August 2007 of the U.S. subprime crisis, Korea has felt its severe effects: Korea’s economy contracted sharply and experienced a liquidity crisis.…

In this episode, Korean Kontext speaks with Ms. Jie-ae Sohn, President of Arirang TV & Radio, Korea’s first English language international broadcast system. Ms. Sohn worked as the former CNN…

Preventing Iran from acquiring nuclear weapons has emerged to be one of the key foreign policy priorities of the Obama administration. Despite efforts among Western powers to form a united…

By the time you read this, the KORUS FTA will have entered the implementation stage. To celebrate, Korean Kontext caught up with two of the main movers-and-shakers behind the deal…

This episode of Korean Kontext has a distinctly British flavor, featuring interviews with two leading Ambassador’s that work closely on UK and Korea related affairs. While recently in London, Korean…

President Yoon Suk-yeol’s speech on the commemoration of Liberation Day outlined a revised unification vision based on the values of freedom and democracy. To this end, President Yoon committed to enhancing unification education for South Korean youths, raising North Koreans’ awareness of freedom, continuing humanitarian aid to North Korea, and establishing an inter-Korean working group.…

New economic analysis by Michael Clemens at the Peterson Institute for International Economics (PIIE) challenges the prevailing narrative around South Korea’s demographic challenges. Once the fodder of wonky demographers and social scientists, South Korea’s population is now world-renowned for its extreme drop in birthrates and aging society, a topic I covered last year for KEI.…

Korea’s healthcare spending in 2000 was the lowest among the 38 OECD countries at less than 4 percent of GDP, reflecting the country’s relatively young population and the limited coverage of its National Health Insurance (NHI). However, adjusted for inflation, healthcare spending grew at an annual rate of 7.7 percent from 2000 to 2022, the…

South Korean President Yoon Suk-yeol offered a dramatically different vision of Korean unification in his Liberation Day speech on August 15, an annual observance in South Korea that marks the end of Japanese colonial rule over the Korean Peninsula. In his speech, President Yoon framed unification as completing the unfinished task of liberation and the…