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Asia
January 21, 2021
November 25, 2020
The paper reviews some of the key aspects leading to Korea’s remarkably successful economic transformation, including its consistent and aggressive pursuit of export-led growth, its investments in basic services and…
March 4, 2016
Korea’s economic development is often cited as a model for other developing nations. One of about 60 countries whose per capita income was less than $300 in the 1960s, only…
March 4, 2016
Korea has shaken off some of the impacts brought by the Sewol ferry disaster, but its overall pace of growth is still very weak. The Korean economy is forecast to…
March 4, 2016
The Korean economy has faced several crises, such as the ending of the rapid economic growth era in the 21st century, continued stagnation of per capita GDP growth since 2007…
March 4, 2016
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
New South Korean President Lee Jae-myung takes office at a time of serious economic challenges in South Korea. Real GDP fell by 0.2 percent in the first quarter of 2025, with private consumption, fixed investment and exports all reporting declines. The political crisis triggered by Yoon Suk Yeol and his martial law declaration late last…
July 1, 2025
According to the World Bank, certain minerals associated with battery technology are expected to see relative increases in demand of up to 500 percent by 2050 as part of the global transition to clean energy. Thus, sourcing critical minerals for the clean energy transition will be paramount to its success, particularly in the context of…
June 24, 2025
On June 10, Cuba’s first Ambassador to South Korea Claudio Monzón Baeza formally opened his country’s embassy in Seoul. The festive event was held with the South Korean Ministry of Foreign Affairs’ director-general for Latin American affairs and included remarks from the Cuban Ministry of Foreign Affairs’ director-general for Asia and Oceania. The Cuban diplomats…
June 23, 2025
Attendees at a reception last week by the South Korean Embassy at Tokyo’s New Otani Hotel, held to celebrate the sixtieth anniversary of the normalization of diplomatic relations between South Korea and Japan, were pleasantly surprised when Japanese Prime Minister Shigeru Ishiba showed up to deliver a warm address. He was followed by former prime…