Displaying all content tagged with the region Asia.
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Asia
The year 2008 will be recorded in world history as a year in which the global capitalist system was threatened as a consequence of the U.S.-originated financial turmoil that began…
May 25, 2011
Following several years of strong expansion, the Korean economy began losing momentum in the second half of 2008 in the wake of the stress engulfing the global financial system. Although…
May 25, 2011
North Korea’s economy has been on the verge of collapse since the beginning of the second nuclear crisis in 2002 because of the international community’s growing sanctions and pressure. The…
May 25, 2011
The tax burden in Korea—at 26 percent of gross domestic product (GDP) —was well below the average of the member countries of the Organization for Economic Cooperation and Development (OECD)…
May 25, 2011
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…
January 25, 2024
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.…
October 12, 2023
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.…
August 24, 2023
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.…
June 26, 2023
The recent crisis in the Middle East raises questions about the impact it may have on energy access for the world. Faith Birol, the current head of the International Energy Agency, said that the Israel-Hamas war is “definitely not good news” for oil prices. Similarly, on October 30 the World Bank warned that oil prices…
November 3, 2023
South Korea stands at a critical demographic juncture, facing a declining birthrate that has far-reaching implications for its economy and society. The increasingly severe demographic trends have pushed the government and society to consider which policy measures might offset the social and economic consequences of demographic decline. Fertility quickly declined from an average of six…
November 2, 2023
The number of North Korean refugees fleeing their homeland and reaching South Korea for resettlement has increased during the first nine months of 2023, though the numbers are still far below the number of refugees that reached South Korea in the previous decade. At the same time, disturbing reports indicate that China is forcibly returning…
October 31, 2023
The world is turning its attention to China’s economy and Korea is taking note. The South Korean Ministry of Finance put together an all-government task force to respond to the potential negative effects of the downfall of China’s largest property developer, Evergrande, which recently cancelled the restructuring of more than $19 billion of debt affecting…