Asia

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…

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…

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…

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…

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.…

Troy Stangarone of the Korea Economic Institute of America (KEI) recently interviewed Jérome Sauvage, the Deputy Director of the United Nations Development Program’s Representation Office in Washington, DC and previously the UN Coordinator in the DPRK, on the humanitarian situation in North Korea for KEI’s Korean Kontext podcast series. In the interview, Deputy Director Sauvage…

By Kenneth Lee In recent years, the United States expressed interested in deploying the Theater High Altitude Area Defense missile system or THAAD, onto the Korean peninsula to counter North Korea’s growing missile threats.  Earlier in June, General Curtis Scaparrotti of United States Forces Korea was quoted in Yonhap News saying he personally “recommended the…

By Diane Stevenson In a future with the Asian Super Grid, renewable energies gathered in the steppes of Mongolia would be transported through an integrated, multi-national power grid to reach energy needy cities in China, Russia, on the Korean Peninsula, and Japan. According to the most recent UN Sustainable Development Solutions Network report, South Korea,…

By Joseph Dahl and Diane Stevenson Amid Congressional gridlock, the border crisis and a lawsuit against the President, a rather important and potentially consequential bill passed the House without much attention. H.R. 1771, the North Korea Sanctions Enforcement Act of 2014, would put renewed pressure on the Kim regime if successfully passed by the Senate…