Displaying all content tagged with the region Asia.
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Asia
In recent years, North Korea has faced economic shocks from UN sanctions and the pandemic. As Dr. Jongkyu Lee (Senior Fellow at the Korea Development Institute) writes in his new…
August 22, 2022
Following a record number of North Korean missile launches, as well as tests by South Korea, assertions have been widely and uncritically made that Seoul is participating in an inter-Korean…
June 2, 2022
Although the Korean Peninsula has been divided for over 70 years, North and South have not been able to make lasting progress in terms of reconciliation. While there are multiple…
April 20, 2022
Why is South Korea pilot-testing its Central Bank Digital Currency (CBDC), and what made it shift from non-issuance to consideration? This paper investigates the Bank of Korea (BOK)’s CBDC-related developments…
March 3, 2022
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…
May 26, 2017
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…
May 10, 2017
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…
May 4, 2017
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…
April 24, 2017
What Happened The ruling Democratic Party’s presidential candidate Lee Jae-myung proposed another round of universal payments to help citizens overcome the economic challenges posed by COVID-19. However, Prime Minister Kim Boo-kyum and the government claimed that they do not have the capacity to provide another round of universal relief funds. A nationwide public poll showed that 60.1% of Koreans agree…
November 16, 2021
Observing the recent success of the TV show Squid Game on Netflix, many commenters suggest that the entry of multinational streaming platforms has been a net positive for Korea’s creative industry. The streaming platform has invested over USD 700 million into projects such as Kingdom and Sweet Home. For smaller Korean content creators, Netflix offers…
November 15, 2021
Korea’s real GDP increased 1.2% (saar) in 2021Q3, a significant slowdown from the first two quarters of the year, reflecting a decline in private consumption (table below). A tightening of social distancing measures since July, aimed at slowing a fourth wave of COVID-19 infections, reduced spending on “consumer-facing services”. For example, demand in the food…
November 12, 2021
What Happened One of South Korea’s major telecommunications providers KT suffered a nationwide outage on October 25, causing widespread disruptions to daily tasks that require internet connectivity such as virtual classes, food delivery orders, and stock trading. A National Assembly hearing five days before the incident questioned telecommunications providers about the quality of the network services. The government still intends to…