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Asia
January 21, 2021
November 25, 2020
Why is South Korea pilot-testing its Central Bank Digital Currency (CBDC), and what made it shift from non-issuance to consideration? This paper investigates the Bank of Korea (BOK)’s CBDC-related developments…
March 3, 2022
How is the increasing spread of artificial intelligence (AI) likely to shape the cyber capabilities of the Democratic People’s Republic of Korea (DPRK; North Korea) in the coming years? Over…
March 1, 2022
In this new article of KEI’s Korea’s Economy, Dr. Bark Taeho (President of the Global Commerce Institute of Lee & Ko and Former Minister for Trade) notes that Korea has faced…
February 4, 2022
The COVID-19 pandemic caught almost all countries unprepared. Some countries, including South Korea (hereafter Korea), managed to deal with the pandemic relatively more successfully than others and had a proactive…
January 25, 2022
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
On August 13, South Korea and Vietnam celebrated the completed construction of the Vietnam-Korea Cooperation Center for Smart City and Construction Technology (VKC) in Hanoi. The VKC is symbolic in that it represents renewed bilateral cooperation following the COVID-19 pandemic and because it has withstood a shift in South Korean administrations. The center was initially…
September 10, 2024
Last Thursday, Korean chipmaker SK Hynix made history by developing a 10-nanometer (nm) transistor process for 16 GB Double Data Rate 5 (DDR5), the latest iteration of dynamic random-access memory (DRAM) chips. By allowing for greater memory capacity and processing speeds for the corresponding central processing units (CPUs) that are used for cloud computation, this…
September 5, 2024
“You can either buy clothes or buy pictures.” (Gertrude Stein) The air will be filled with a different kind of buzz in Seoul this week as it hosts the third annual international art fair, Frieze Seoul. Over 110 leading art galleries worldwide will assemble for four days at the COEX Convention and Exhibition Center in…
September 5, 2024
The public sector financed 76 percent of healthcare in OECD countries in 2021 using compulsory health insurance and government programs (Figure 1, Panel A). Korea is an outlier in this regard, as only 62.3 percent of its health expenditures were covered through mandatory financing schemes. The low share of mandatory financing in Korea was offset…