1926 Posts located
Korea is in the midst of the most rapid demographic transition of any member country of the Organization for Economic Cooperation and Development (OECD); the share of Korea’s population older…
There are few areas about which there is a greater range of opinions among international monetary experts than the issue of exchange rate regimes. Eminent economists can be found who…
In 2005, the Korean government implemented a number of new financial policies. Of those, two policy measures deserve special attention because of their potentially significant impact on domestic financial markets.…
After two years of sluggish growth, the Korean economy is now recovering. Economic activity began to revive in the early part of 2005 and accelerated throughout the year, reaching an…
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.…
The latest OECD Economic Outlook, released on November 22nd, paints a grim picture of the world economy. Russia’s war against Ukraine has resulted in a significant energy price shock similar in magnitude to those seen in the 1970s (Figure 1). High inflation has spread across countries and products, prompting central breaks to raise interest rates,…
In recent days, North Korea’s human rights abuses were again debated at the United Nations and a resolution critical of Pyongyang is being circulated for consideration. North Korea’s human rights record has been debated and a resolution critical of the government in Pyongyang has been adopted by the UN General Assembly every year since December…
At the end of September, the Republic of Korea attended a meeting of the Partners in the Blue Pacific (PBP). The initiative, led by the U.S., Australia, Japan, and Britain, aims at working with states in Oceania on advancing regional development. Ahead of the meeting, the Korean government was equivocal to the initiative. "Nothing has…
The 2022 OECD Economic Survey of Korea, released in September, highlighted the need to strengthen the social safety net. In particular, the share of the population aged 65 and older in relative poverty exceeds 40%, nearly triple the OECD average (Figure 1). Ensuring adequate retirement income requires reforms to improve the National Pension Service (NPS),…