Asia

The tax burden in Korea—at 26 percent of gross domestic product (GDP) —was well below the average of the member countries of the Organization for Economic Cooperation and Development (OECD)…

There may have been no one who anticipated the bankruptcy of Lehman Brothers, once one of the top five global investment banks. The shocking news reverberated through the Korean financial…

Korea’s economy in 2008 was adversely impacted by high commodity prices, especially oil, and by financial and real shocks started by the collapse of housing prices in the United States…

The twenty-first century has already been dubbed the Asian century. Although this nomination may be premature, it is certain that its fi rst decade belongs to Asia. This is reflected…

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 William Brown Chinese Customs reported yesterday that imports of North Korean anthracite surged in December, despite late November UN Security Council sanctions that are supposed to curtail North Korea’s coal sales, its biggest foreign exchange earner. The new data shows North Korea exported to China 22.5 million tons of anthracite worth $1.2 billion in…

By Junil Kim The official establishment of South Korea’s newest political party, the Bareun (Righteous) Party, brings the number of official negotiation parties in the National Assembly to four. The party, comprised of former Saenuri legislators, broke away from the ruling party in light of the political fallout from President Park Geun-hye’s recent scandal and…

KEI Communications Director Jenna Gibson, host of the KEI podcast Korean Kontext, recently interviewed Major General James Walton, Director for Transformation and Restationing for U.S. Forces Korea (USFK), who is in charge of moving around 30,000 troops, staff and families from Yongsan Garrison in Seoul down to Camp Humphreys in Pyeongtaek. The following is a…

By Juho Choi Since the end of 2016, the Korean government has faced a variety of problems from a major political scandal to a stagnant economy. Among the issues, one of the most urgent is Avian Influenza (AI). According to the WHO, Avian influenza (“bird flu”) is “an infectious disease of birds caused by type…