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.…

By Nicholas Hamisevicz It is the start of a new year, which means it is time to start parsing through North Korea’s New Year’s message. Like last year, Kim Jong Un delivered the New Year’s message in a speech. These are the first major policy guidelines and ideas announced since the purge of his uncle,…

By Troy Stangarone In a sense, the events of 2013 on the Korean peninsula began in December of 2012. In the days leading up to South Korea’s presidential election, North Korea successfully put its first satellite in orbit, defying UN prohibitions on long-range missile tests. Less than a week later, South Korea would elect Park…

By Nicholas Hamisevicz On December 26, Japan’s Prime Minister Abe Shinzo visited the Yasukuni Shrine, a memorial Shinto shrine that honors Japanese war dead, including fourteen Class-A war criminals. The visit is unlikely to do much harm to Abe domestically, but foreign policy in the region will be a casualty. The visit confirms South Korean and Chinese perceptions…

By Nicholas Hamisevicz It looks like South Korea’s National Intelligence Service (NIS) got it right when they suggested to National Assembly members that Jang Song Taek had been removed from his leadership posts in North Korea. Kim Jong-un made it very clear and very public that Jang Song Taek was out of favor and out…