Asia

Rapid economic development lifted Korea’s per capita income from 15 percent of the U.S. level in 1970 to approximately half by 2005. Growth has been based primarily on inputs of…

The insatiable appetites of banks, insurance companies, pensions, endowments, and high-net-worth individuals make enormous capital possible for private equity funds. The private equity market has become an important source of…

The importance of having an efficient labor market is growing because of recent trends such as globalization, the development of information-communication technology (ICT), and the increasing need for foreign direct…

Along with commercial banks, capital markets are an integral part of the financial systems in most capitalist economies, and their relative importance is constantly increasing. Countries around the world are…

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 Chad O’Carroll The DPRK’s nuclear weapons test today appears to act as a bandage for a number of wounds that have somehow yet to kill the Pyongyang regime.  As the last outpost of quasi-Stalinism in the world, North Korea remains in a Cold War mindset when it comes to its increasingly acrimonious relations with…

By Troy Stangarone In the aftermath of Pyongyang’s third nuclear test the official Chinese news agency, Xinhua, issued a story on the needs to address the root causes of North Korea’s nuclear concerns. According to the story in Xinhua: "At a superficial level, it was Pyongyang that has repeatedly breached UN resolutions and used its…

By Chad O’Carroll With North Korea’s recent satellite launch highlighting the progressing state of Pyongyang’s long-range rocket capabilities and prospects of a third nuclear weapons test likely to show further advancements in that area, it is easy to forget about the DPRK’s conventional weapons technology. While the North Korean rocket and nuclear programs no doubt…

By Jeffrey Robertson When the Lee Myung-Bak administration took office in February 2008, the public’s mood shifted quickly. By the end of June 2008, people were on the streets in protest, including more than 80,000 in a single night’s candlelight vigil; the entire cabinet had offered its resignation; and Lee Myung-Bak’s approval ratings had fallen…