Asia

The year 2008 will be recorded in world history as a year in which the global capitalist system was threatened as a consequence of the U.S.-originated financial turmoil that began…

Following several years of strong expansion, the Korean economy began losing momentum in the second half of 2008 in the wake of the stress engulfing the global financial system. Although…

North Korea’s economy has been on the verge of collapse since the beginning of the second nuclear crisis in 2002 because of the international community’s growing sanctions and pressure. The…

The tax burden in Korea—at 26 percent of gross domestic product (GDP) —was well below the average of the member countries of the Organization for Economic Cooperation and Development (OECD)…

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.…

This is the first part in a three part series on the U.S.-Korea Free Trade Agreement. The second part of the series can be found here and the third part here. By Taeho Bark The United States (U.S.) used to be always the largest export market for the Korean products during 1970s and 1980s. The…

By Mark Tokola Reasonable people, especially people new to looking at policy on the Korean Peninsula, might wonder if the North Koreans may have a valid point when they complain that U.S.-ROK joint military exercises are unnecessarily provocative.  If the goal is to engage in constructive diplomacy, wouldn't it be a good first step for…

By Nicholas Hamisevicz With Koreans returning from the Lunar New Year holidays, another opportunity to return to a better state of inter-Korean affairs passed as well. This time last year, the two Koreas had just concluded a rare family visit that included around 100 elderly South Koreans. This year, no such luck would be forthcoming.…

By Troy Stangarone Three months after announcing that they had reached a preliminary agreement, South Korea and China formally announced the conclusion of their free trade agreement (FTA) talks. The additional time allowed the two governments to finalize additional details to strengthen the agreement such as a standstill provision to preclude either country from increasing…