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…

It will take time for the ramifications of Russia’s invasion of Ukraine to become apparent, but we can see already that military force has, at least for the moment, swept aside international norms and diplomacy. The implications are not just European but global. Who now is going to convince Kim Jong-un that the world is…

Despite being thousands of miles apart, the Korean Peninsula and Ukraine share a land border with Russia. Given their respective ties to Moscow, both South and North Korean governments have toed around the sidelines of the Ukraine crisis—with Seoul publicly supporting a diplomatic solution while quietly considering additional humanitarian aid to Kyiv, and Pyongyang issuing…

The Ukraine accounts for 11.8% of the world’s wheat market and has long been known as the “breadbasket of Europe.” However, the potential outbreak of conflict between Russia and the Ukraine has implications for Ukraine’s wheat trade with all nations, including South Korea. The Ukraine is the 2nd largest exporter of wheat to South Korea,…

North Korea’s Supreme People’s Assembly, the country’s parliament, adopted the government budget for the new year at its session February 6-7.  The budget law was approved with a pledge to develop the economy and improve the people’s wellbeing despite the “persevering struggle” against international sanctions and the COVID pandemic. A particularly noteworthy aspect of the…