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The most important single variable for any trade-dependent country like Korea is robust and sustainable growth for the world economy. Korea takes a sharp hit to its exports, and thus…
Despite the critical function of the armistice, very little political attention has been paid to the agreement, with few bureaucrats, policymakers, and Korea experts sufficiently knowledgeable about its details. Surprisingly,…
In the past few months, Korea’s profile as a peaceful nuclear power has risen with the announcement of a deal for its first ever export of a nuclear power plant—to…
In April 29, with national flags lowered to half-mast across South Korea, a siren blew at 10 a.m. calling for a moment of silence for the 46 sailors lost in…
In this special episode of Korean Kontext, KEI's Juni Kim sat down with three North Korean defectors who have settled in South Korea. Each of them has a different story…
On May 10, former human rights lawyer Moon Jae-In officially became the next president of South Korea, filling an office that had been empty since former President Park Geun-Hye's impeachment…
The upcoming presidential election in Korea on May 9th will place many key issues under the microscope. One meriting serious consideration that has featured less prominently in the political discourse…
After the closure of the Kaesong Industrial Complex last year, economic ties between North and South Korea have all but ceased. And as sanctions measures continue to tighten, the international…
A year has passed since Korea published its “Strategy for a Free, Peaceful, and Prosperous Indo-Pacific Region” in December 2022. Since then, Korea has strived to bolster its image as a “global pivotal state” in both mending and fortifying relations with like-minded nations including the United States, Japan, the European Union, Australia, ASEAN, and others.…
President Yoon Suk Yeol won office after promising to revitalize bilateral relations with Japan, a goal he has made significant efforts towards. On both the national and personal level, the relationship has a much warmer tone compared to the frigidness of the Moon-Abe years. But is this just the upward turn before the eventual decline…
Korea’s real GDP growth will rebound to more than 2 percent in 2024 and 2025, according to the Organization for Economic Co-operation and Development (OECD)’s bi-annual economic projections published at the end of November (Figure 1). The OECD’s outlook of 2.3 percent next year is in line with the 2.1 percent and 2.2 percent forecasts…
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…