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The financial panic of late 2008 and the global economic recession that followed has been the greatest economic shock since World War II. While North Asia was caught up in…
East Asia is an area where real economic activities are closely linked. The brisk trade in goods and services among East Asian countries shows a well-integrated East Asian economy. Most…
A common problem facing students of the economy of the Democratic People’s Republic of Korea (DPRK) is the shortage of available statistics. It is extremely challenging to procure DPRK data,…
In the wake of the fall of Lehman Brothers, in the fourth quarter of 2008 and the first quarter of 2009 Korea was faced with its biggest economic challenge since…
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.…
By Nicholas Hamisevicz Recently, there was a big setback in Korea-India relations. The deal that was made back in 2011 for India to purchase eight minesweepers from South Korea is currently on hold and may soon be scuttled. It was announced that India’s Ministry of Defense launched an inquiry into the claim that the Kangnam…
By Nicholas Hamisevicz For a month often associated with summer doldrums, a lot of things were happening on the Korean peninsula in August 2014. Events such as Pope Francis’s visit to South Korea, the joint U.S.-South Korea military exercises, a clash between the two Koreas in the West Sea, negotiations over the North Korean cheerleaders…
By Joseph Dahl Two pieces of Congressional legislation, while still in their nascent stages, have the potential to reshape U.S. policy on North Korea. A bill known as H.R. 1771, or the North Korean Sanctions Enforcement Act of 2014, recently passed the House, and a bill specifically addressing North Korea’s human rights was introduced by…
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…