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.…

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…

As the worst of the COVID pandemic begins to fade, North Korea’s weak health care system and its lack of wide-spread vaccinations against the disease are apparently now able to handle the return home of North Koreans who were away from their home country when the COVID pandemic initially broke out.  North Koreans were officially…

At the Asian Games this September, Team Korea didn’t just get a gold medal in the popular video game League of Legends. The team also received an exemption from active-duty conscription into the armed forces of Korea. Maintaining an adequate fighting force is a critical issue for Korea, not just because of its unruly neighbor…

Korea’s development from one of the poorest countries in the world in the 1950s to a major industrial power has been exceptionally rapid. Per capita income increased from 10% of that in the United States in 1970 to 70% by 2020 (Figure 1). Moreover, Korea has surpassed Japan. Korea’s rapid transformation was achieved through effective…

The recent crisis in the Middle East raises questions about the impact it may have on energy access for the world. Faith Birol, the current head of the International Energy Agency, said that the Israel-Hamas war is “definitely not good news” for oil prices. Similarly, on October 30 the World Bank warned that oil prices…