Asia

Dear Readers, With the 31st edition of Korea’s Economy, we have turned our focus to Northeast Asia where China and Japan represent two of South Korea’s most important trading partners.…

The ROK-Japan relationship seemingly found a floor after the downward spiral that marked the end of the Lee Myung-Bak presidency and the first three years of President Park Geun-hye. Seoul…

This report conducts an analysis of the corporate bond market in Korea and the changes in interest rates and term structure since the 1997 Asian financial crisis. The potential risks…

The Global Green Growth Institute (GGGI) launched in August 2008 and transformed into a treaty-based inter-governmental organization in October 2012. The GGGI positioned South Korea at the forefront of a…

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.…

South Korea’s trade relations have undergone changes since the COVID-19 pandemic. In 2022, South Korea surpassed Japan and became China’s second-largest trading partner. However, its exports to China saw a decline of 20 percent in 2023, plummeting to $124.8 billion from $155.7 billion in 2022. Consequently, South Korea ran a trade deficit of $18 billion…

In a historic break with a policy of most of the past eight decades, North Korea disbanded all of its government organizations which are focused on reunification with South Korea or which reflect a special relationship between the two Koreas. In a lengthy speech on January 15 to the Supreme People’s Assembly (the North Korean…

North Korea was the first country to severely restrict travel and trade across its borders when the pandemic began in 2020. While the rest of the world has since largely returned to normal, many of North Korea’s COVID restrictions remained in place at the beginning of 2023. However, Pyongyang began to ease these constraints in…

A year has passed since Korea published its “Strategy for a Free, Peaceful, and Prosperous Indo-Pacific Region” in December 2022. Since then, Korea has strived to bolster its image as a “global pivotal state” in both mending and fortifying relations with like-minded nations including the United States, Japan, the European Union, Australia, ASEAN, and others.…