Asia

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)…

There may have been no one who anticipated the bankruptcy of Lehman Brothers, once one of the top five global investment banks. The shocking news reverberated through the Korean financial…

Korea’s economy in 2008 was adversely impacted by high commodity prices, especially oil, and by financial and real shocks started by the collapse of housing prices in the United States…

The twenty-first century has already been dubbed the Asian century. Although this nomination may be premature, it is certain that its fi rst decade belongs to Asia. This is reflected…

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.…

After more than a year since the previous one expired, the U.S. and South Korea finally agreed to terms for a new military burden-sharing deal. The Special Measures Agreement (SMA) had previously been hostage to former U.S. President Donald Trump’s transactional approach to alliances which proved to be a looming threat to U.S.- Korea ties.…

Despite President Joe Biden’s previous description of Russia as an “opponent” and the regime of President Vladimir Putin as “KGB thugs”, it remains possible for Washington and Moscow to cooperate where strategic interests align. This was demonstrated by the extension of the New START Treaty, an agreement that was reached within days of the Biden…

The first trip abroad by the Secretary of State and the Secretary of Defense in a new administration are closely watched for clues to the administration’s foreign policies.  In making the decision which foreign country to visit first, the Secretary of State and the Secretary of Defense separately telegraph foreign and defense policy priorities.  The…

Since its inauguration, the Biden Administration has faced a long list of pressing domestic and foreign policy issues and challenges to tackle. People wonder how high North Korea ranks on the list- probably not among the top five unless another round of provocation forces Washington to refocus attention back on Pyongyang. There have been the…