Asia

For more than a half century, the specter of renewed conflict across the demilitarized zone (DMZ) has dominated thinking about Korea’s future. To be sure, the prevailing political-military situation at…

The Korea Economic Institute (KEI) is pleased to issue the second of its new “Special Studies.” In contrast to KEI’s other publications, which generally take the form of a compilation…

During the past decade, the United States and Korea have pursued free trade agreements (FTAs) with a number of bilateral trading partners. For the United States, the Korea-U.S. (KORUS) FTA…

During the two-year period since the outbreak in August 2007 of the U.S. subprime crisis, Korea has felt its severe effects: Korea’s economy contracted sharply and experienced a liquidity crisis.…

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.…

As young South Koreans navigate an increasingly competitive education system and job market, a growing industry has presented a new opportunity: esports. No longer only viewed as a pastime or casual hobby, video games have opened a field for many to develop their skills and even attain superstar status. Esports is valued globally at $1.38…

August 24 of this year marked the six-month anniversary of the beginning of Russia’s invasion of Ukraine.  In February, Moscow massed a hundred thousand troops along its border with Ukraine, all the while sanctimoniously proclaiming that it had no intention to invade. Expectations in Moscow were that Russia would quickly overthrow the government led by…

Following his inauguration in May 2022, President Yoon Suk Yeol announced that his administration would devise South Korea’s own Indo-Pacific strategy, which would consequently take the place of his predecessor’s New Southern Policy. The exact details of the strategy are yet to be announced, but South Korea’s past and ongoing foreign engagements provide an initial…

The steep decline in Korea’s fertility rate has created concern. In 2020, the number of deaths exceeded the number of births for the first time, according to census data from the Ministry of Interior and Safety. The Ministry stated that “amid the rapidly declining birthrate, the government needs to undertake fundamental changes to its relevant…