November 19, 2020
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The Middle East offers huge trade opportunities to South Korea, especially after the P5+1 agreement with Iran. President Park Geun-hye’s May 2016 visit to Iran has demonstrated this economic potential…
North Korea has been under several rounds of economic sanctions since the beginning of the Korean War in 1950. Economic coercion, however, has had no major effect on the Kim…
This paper details the nature of transboundary air pollution in Northeast Asia, employing an analytical approach rooted in the political economy of the region. To measure public perceptions of the…
This is the full publication PDF for Vol. 30 of Korea's Economy Dear Readers, We are honored to present to you the 30th edition of Korea’s Economy. Over the past…
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 On April 20th, the National Assembly ratified three of the remaining four International Labor Organization (ILO) conventions that South Korea has not yet implemented. Moves to ratify the conventions were proposed in 2019, but progress was not made, as many conservative politicians and businesses opposed the changes. Despite ratifying these conventions, South Korea has not adopted the provision on…
What Happened On April 19, the South Korean government launched a committee to monitor real estate issues and create new policy suggestions. The creation of the committee follows the ruling party’s defeat in the Seoul and Busan mayoral elections, which many partially attribute to the Moon administration’s inability to control property prices. Rising real estate prices are contributing to increased…
Consequent on the UN sanctions that severely restricted essential exports for agriculture to North Korea, starvation conditions have re-emerged for the first time since the famine years of the 1990s. Absent capital and technology, the government relies almost completely on the intensified exploitation of the labor force, much of this carried out via the mechanisms…
What Happened On April 12, President Biden met with 19 CEOs to discuss the ongoing semiconductor shortage and to build support for technology as a key component of the infrastructure. The White House promised a USD 50 billion investment in U.S. semiconductor manufacturing, seeking cooperation from global partners. During a similar summit in March, Biden discussed putting technology, such as semiconductors…