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…

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…

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…

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)…

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…

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.…

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.…

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.…

What Happened In March, the municipal government of Seoul ended its mandate for all foreign workers to be tested for COVID-19 after drawing criticism from lawmakers, activists, and foreign embassies. Observers commented that local health policies targeting Korea’s international community may harm the country’s engagements abroad. Ahead of Halloween, the Ministry of Health and Welfare announced plans to make special inspections…

What Happened The South Korean government shared biometric data collected at Incheon Airport with private sector artificial intelligence (AI) developers. Although the project was publicly disclosed in 2019, the government had not revealed to the public that the information would be shared with private sector companies. A privacy advocacy group plans to launch a class-action lawsuit in response to…

In a recent report by Radio Free Asia, sources in Sinuiju, near the Chinese border, say residents have been told to expect food shortages until 2025. “Some of the residents are saying that the situation right now is so serious they don’t know if they can even survive the coming winter,” said the source, according…

Why are Korean cultural products going global when many other countries around the world also have a robust and dynamic domestic TV, music, and cinema scene? Some observers point to the Korean government’s direct support as the differentiating variable. But Sciences Po Paris lecturer Jimmyn Parc argues in a recent paper for KEI that the…