Asia

In the aftermath of the Global Financial Crisis, the multilayered international financial governance regime has been strengthened. In East Asia, this regime includes an ASEAN+3 regional layer designed to complement…

Dear Readers, With the 31st edition of Korea’s Economy, we have turned our focus to Northeast Asia where China and Japan represent two of South Korea’s most important trading partners.…

The ROK-Japan relationship seemingly found a floor after the downward spiral that marked the end of the Lee Myung-Bak presidency and the first three years of President Park Geun-hye. Seoul…

This report conducts an analysis of the corporate bond market in Korea and the changes in interest rates and term structure since the 1997 Asian financial crisis. The potential risks…

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.…

You’ve probably heard the Korean War referred to as an unfinished conflict – but that’s not just a reference to the frozen war on the Peninsula. The sudden outbreak of…

We often talk about whether the sanctions against North Korea are working. And we have spoken occasionally on this very podcast about the ways North Korea also cheats and gets…

 By Kyle Ferrier The Federal Reserve’s move to increase its benchmark interest rate hardly came as a surprise. Though the March 15 rate increase is only the third since the Global Financial Crisis of 2008, it is the second in three months and we are likely to see at least two more incremental rises this…

By Mark Tokola When dealing with a country with a leadership that is as singularly top-down as North Korea, it is worthwhile to try to understand what makes their leader tick.  If we understood Kim Jong-un’s goals, preferences, and biases, we would be in a better position to understand whether negotiations on denuclearization are possible,…

By Troy Stangarone After three months of deliberations, the Constitutional Court has unanimously accepted the National Assembly’s impeachment of President Park Geun-hye. Since the scandal surrounding President Park and her confidant Choi Soon-sil first broke last fall, South Korea has gone through an extended political crisis. Protesters have gone to the streets in record numbers…

By Jaeho Jeon More and more Koreans are saying that they don’t trust Korean companies. The anti-corporate sentiment has existed in the past, but it is spreading more rapidly after the ‘Choi Soon-sil scandal.’ According to a survey by Edelman, a communications marketing firm, last month only 29 percent of Koreans said they trust corporations.…