Asia

Rapid economic development lifted Korea’s per capita income from 15 percent of the U.S. level in 1970 to approximately half by 2005. Growth has been based primarily on inputs of…

The insatiable appetites of banks, insurance companies, pensions, endowments, and high-net-worth individuals make enormous capital possible for private equity funds. The private equity market has become an important source of…

The importance of having an efficient labor market is growing because of recent trends such as globalization, the development of information-communication technology (ICT), and the increasing need for foreign direct…

Along with commercial banks, capital markets are an integral part of the financial systems in most capitalist economies, and their relative importance is constantly increasing. Countries around the world are…

In this episode we speak with Doug Goudie, Director of International Trade Policy at the National Association of Manufacturers (NAM). Mr. Goudie draws from his experiences to share his perspective…

In this episode we hear from Tami Overby, Vice President for Asia at the U.S. Chamber of Commerce and former President of the American Chamber of Commerce in Korea. Ms.…

Now in its tenth year, KEI’s Opinion Leaders Seminar (OLS) is an annual gathering of some of the world’s foremost policymakers and scholars on the U.S.-South Korean alliance. In this…

An exclusive interview with Dr. Alon Levkowitz, author of the most recent edition of the Korea Economic Institute’s Academic Paper Series. His paper, titled “The Republic of Korea and the…

The outcome of South Korea’s parliamentary elections seems undeniable. The opposition Democratic Party (DP) won a convincing victory and together with its progressive allies will hold a commanding 192-seat majority in the 300 seat National Assembly. Former DP presidential candidate and current party leader Lee Jae-myung is cemented, for now, as the likely presidential standard bearer when…

Innovation has played a vital role in Korea’s rapid economic development. Initially led by the introduction of new technology from abroad, Korea has achieved sustained progress toward the global innovation frontier. Korea’s innovation inputs in terms of human capital and research spending are among the highest in the world. It also has the highest share…

Russia’s February 2022 full-scale invasion of Ukraine has been one of the defining geopolitical moments of the modern era—and while not as headline grabbing as its ramifications for Europe and the so-called ‘BRICS’ (Brazil, Russia, India, China, South Africa) agenda, its impact on the Korean Peninsula has been profound. Vladimir Putin’s war has significantly impacted…

This week, South Koreans will head to the polls to elect their legislative representatives. The National Assembly election is often seen as a barometer for the public's sentiment towards the sitting president and the ruling party. In 2020, the Democratic Party of Korea won an unusual landslide during a global pandemic, strengthening President Moon Jae-in’s…