1933 Posts located
North Korea has been under several rounds of economic sanctions since the beginning of the Korean War in 1950. Economic coercion, however, has had no major effect on the Kim…
This paper details the nature of transboundary air pollution in Northeast Asia, employing an analytical approach rooted in the political economy of the region. To measure public perceptions of the…
This is the full publication PDF for Vol. 30 of Korea's Economy Dear Readers, We are honored to present to you the 30th edition of Korea’s Economy. Over the past…
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…
Now that Trump has met Kim, and with the Singapore Summit laying out the beginning of a path to denuclearization, analysts are still trying to figure out if Kim Jong…
South Korea's government has increased its focus on different forms of diplomacy in recent years, from the more traditional government-to-government outreach of the Moon Administration's North Korea policy to a…
With the world's attention on Singapore on June 12, U.S. President Donald Trump and North Korean Leader Kim Jong Un walked across a stage flanked by American and North Korean…
With U.S. President Donald Trump and North Korean Leader Kim Jong Un headed to Singapore next week for the first ever U.S.-DPRK summit, people around the world are watching to…
The Yalu River floods have receded, but Kim Jong-un might still feel underwater. The North Korean won has fallen nearly in half against the US dollar in informal markets this month and similarly against the Chinese yuan, as reliably reported by Daily NK and Asia Press. This development suggests inflation is on the way in…
President Yoon Suk-yeol’s speech on the commemoration of Liberation Day outlined a revised unification vision based on the values of freedom and democracy. To this end, President Yoon committed to enhancing unification education for South Korean youths, raising North Koreans’ awareness of freedom, continuing humanitarian aid to North Korea, and establishing an inter-Korean working group.…
New economic analysis by Michael Clemens at the Peterson Institute for International Economics (PIIE) challenges the prevailing narrative around South Korea’s demographic challenges. Once the fodder of wonky demographers and social scientists, South Korea’s population is now world-renowned for its extreme drop in birthrates and aging society, a topic I covered last year for KEI.…
Korea’s healthcare spending in 2000 was the lowest among the 38 OECD countries at less than 4 percent of GDP, reflecting the country’s relatively young population and the limited coverage of its National Health Insurance (NHI). However, adjusted for inflation, healthcare spending grew at an annual rate of 7.7 percent from 2000 to 2022, the…