Asia

Korea’s regulatory environment is often cited as being one of the most difficult aspects of doing business in Korea. Among the various regulations that foreign invested companies and foreign investors…

Well-functioning capital markets should encourage private saving and investment by channeling surplus funds to reach their most productive uses. In the process, well-functioning capital markets create a diverse menu of…

During the 1972 U.S. presidential campaign, “Deep Throat,” later revealed to be Associate Director Mark Felt of the FBI, counseled Washington Post journalists Bob Woodward and Carl Bernstein to “follow…

After the Asian financial crisis of 1997, the Korean government geared up to carry out financial restructuring. As a result, the number of domestic financial institutions stood at almost half…

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 Biden administration encouraged Seoul to increase trilateral cooperation with the U.S. and Japan. Biden’s first face-to-face meeting with an international leader occurred in April when Japanese Prime Minister Suga arrived in Washington. The U.S. president’s second in-person meeting with a world leader was with South Korean President Moon Jae-in on May 21. Implications: The White House…

What Happened In April, the Defense Ministry announced a new law that will compensate members of the Korean Liaison Office (KLO) that worked under the UN and United States during the Korean War. KLO veterans have no documented military record in South Korea because they performed clandestine operations under foreign command. The KLO was first brought to public attention…

What Happened In a May 10 speech, Moon explained that the opposition's mayoral victories in April reflected the public’s dissatisfaction with the ruling Democratic Party’s handling of the housing issue. In response, Moon promised to modify several housing policies. A poll from May 7 shows that many view the housing situation as one of the most important current issues, second…

By KEI Advisory Council President Joe Biden and President Moon Jae-in are scheduled to meet in Washington D.C. on May 21. For President Biden, this will be his second summit with a world leader following his meeting with Japanese Prime Minister Yoshihide Suga on April 16. Ahead of this engagement, KEI reached out to members…