1929 Posts located
As COVID-19 continues its global spread, the economic implications are anticipated to be significant. Depending on magnitude of spread, the fall in Korea’s real GDP is estimated at between 0.51%…
Under President Moon Jae-in, South Korea has set an ambitious target to move from being “first in the world” in the race to 5G to “first in global quality.” Yet,…
India and South Korea, Asia’s third- and fourth-largest economies, respectively, established a Comprehensive Economic Partnership Agreement (CEPA) in 2010 and upgraded their relationship to a special strategic partnership in 2015.…
Both India’s and South Korea’s strategic choices are deeply influenced by the rapidly evolving Indo-Pacific construct, particularly amid a mounting U.S.-China rivalry. With India’s “Look/Act East” policy and South Korea’s…
Covering news on the Korean peninsula can be a hectic task. With all the rapidly evolving developments in economics, politics, and society, it's often hard for journalists who cover the…
With the Trump-Kim Summit in Singapore still on the calendar at least for the moment, pundits and analysts alike have been predicting the outcomes or sharing their advice for how…
With the exception of Gangnam Style, few mainstream radio stations have ever even thought to play Korean pop music. But in the last year or so, the United States has…
On February 9, years of hard work will culminate in the opening of the 2018 Winter Olympics in PyeongChang, South Korea. A month later, on March 8, the 2018 Winter…
The Yalu River floods have receded, but Kim Jong-un might still feel underwater. The North Korean won has fallen nearly in half against the US dollar in informal markets this month and similarly against the Chinese yuan, as reliably reported by Daily NK and Asia Press. This development suggests inflation is on the way in…
President Yoon Suk-yeol’s speech on the commemoration of Liberation Day outlined a revised unification vision based on the values of freedom and democracy. To this end, President Yoon committed to enhancing unification education for South Korean youths, raising North Koreans’ awareness of freedom, continuing humanitarian aid to North Korea, and establishing an inter-Korean working group.…
New economic analysis by Michael Clemens at the Peterson Institute for International Economics (PIIE) challenges the prevailing narrative around South Korea’s demographic challenges. Once the fodder of wonky demographers and social scientists, South Korea’s population is now world-renowned for its extreme drop in birthrates and aging society, a topic I covered last year for KEI.…
Korea’s healthcare spending in 2000 was the lowest among the 38 OECD countries at less than 4 percent of GDP, reflecting the country’s relatively young population and the limited coverage of its National Health Insurance (NHI). However, adjusted for inflation, healthcare spending grew at an annual rate of 7.7 percent from 2000 to 2022, the…