Asia

The purpose of this research is to identify an exchange rate regime that would be suitable for North Korea to achieve its goal of economic reform. To do so, we…

This paper reviews and evaluates the development of Bank of Korea policy in historical and comparative perspective. The historical perspective focuses on the most recent of the three stages of…

During the past decade there has been growing academic interest in the field of nation branding. It is increasingly common for governments to adopt the techniques of brand management in…

In Northeast Asia and the United States during the later months of 2008 a great deal of attention was paid to the health of Kim Jong-il. Rumors of a stroke,…

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…

A specter is haunting the Korean Peninsula — the specter of nuclear proliferation. On the campaign trail, conservative candidate Yoon Suk-yeol said he would consult with Washington over redeploying tactical nuclear weapons. Although the president-elect has not officially changed Korea's stance on nuclear weapons, his comments are part of a larger trend of Korean leaders…

Given the paucity of data on North Korea, the food prices provided by Rimjingang and DailyNK are often used for a variety of analytic purposes: to monitor seasonal fluctuations that most affect the poor; as a wider proxy for inflation; and as an indicator of larger constraints on the economy, including sanctions and the border…

On February 22, 2022, the Korea Fair Trade Commission (KFTC) conditionally approved the merger of the two largest air carriers in South Korea—Korean Air and Asiana Airlines. This approval comes nearly a year and a half since Korean Air’s announcement that it would buy a nearly 64% stake in its sole major domestic competitor for…

In December 2021, Yoon Suk-yeol’s campaign released a short candidate clip. Looking and sounding just like the candidate, the ‘man’ in the video says, “hello, it’s ‘AI Yoon Suk-yeol,’ are you surprised at how much I look like [him]?”  Since then, the campaign would go on to release short clips of the candidate responding to…