Asia

The paper reviews some of the key aspects leading to Korea’s remarkably successful economic transformation, including its consistent and aggressive pursuit of export-led growth, its investments in basic services and…

Korea’s economic development is often cited as a model for other developing nations. One of about 60 countries whose per capita income was less than $300 in the 1960s, only…

Korea has shaken off some of the impacts brought by the Sewol ferry disaster, but its overall pace of growth is still very weak. The Korean economy is forecast to…

The Korean economy has faced several crises, such as the ending of the rapid economic growth era in the 21st century, continued stagnation of per capita GDP growth since 2007…

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 Chad 0Carroll North Korea continues to ratchet up its belligerent rhetoric against South Korea, this week threatening to destroy a range of South Korean targets including the Blue House and the offices of various (and named) conservative newspapers and television stations. Rather spectacularly, DPRK state media claimed its military would “reduce all the rat-like…

By Troy Stangarone Nutritional aid might not be the only cost of North Korea’s recent failed satellite launch.  Only a few months prior to Kim Jong-il’s death there had been significant discussion of building a pipeline to transmit Russian gas through North Korea to the South. North Korea had indicated that it would be willing…

By Nicholas Hamisevicz There was an interesting contrast last week on the Korean peninsula as South Koreans went to the polls to democratically elect members for its National Assembly; conversely, North Korea had two meetings to put into place its new leadership structure. Unlike in South Korea where the results were difficult to predict, in…

By Troy Stangarone When members of the 19th National Assembly take their seats in Seoul a defector from North Korea will join them for the first time. As a candidate on the New Frontier Party’s proportional representation list, Cho Myung-chul became the first defector to win a seat in the National Assembly. Cho defected to…