1983 Posts located
Why is South Korea pilot-testing its Central Bank Digital Currency (CBDC), and what made it shift from non-issuance to consideration? This paper investigates the Bank of Korea (BOK)’s CBDC-related developments…
How is the increasing spread of artificial intelligence (AI) likely to shape the cyber capabilities of the Democratic People’s Republic of Korea (DPRK; North Korea) in the coming years? Over…
In this new article of KEI’s Korea’s Economy, Dr. Bark Taeho (President of the Global Commerce Institute of Lee & Ko and Former Minister for Trade) notes that Korea has faced…
The COVID-19 pandemic caught almost all countries unprepared. Some countries, including South Korea (hereafter Korea), managed to deal with the pandemic relatively more successfully than others and had a proactive…
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…
What Happened On April 19, the South Korean government launched a committee to monitor real estate issues and create new policy suggestions. The creation of the committee follows the ruling party’s defeat in the Seoul and Busan mayoral elections, which many partially attribute to the Moon administration’s inability to control property prices. Rising real estate prices are contributing to increased…
Consequent on the UN sanctions that severely restricted essential exports for agriculture to North Korea, starvation conditions have re-emerged for the first time since the famine years of the 1990s. Absent capital and technology, the government relies almost completely on the intensified exploitation of the labor force, much of this carried out via the mechanisms…
What Happened On April 12, President Biden met with 19 CEOs to discuss the ongoing semiconductor shortage and to build support for technology as a key component of the infrastructure. The White House promised a USD 50 billion investment in U.S. semiconductor manufacturing, seeking cooperation from global partners. During a similar summit in March, Biden discussed putting technology, such as semiconductors…
What Happened During his visit to Iran, South Korean Prime Minister Chung Sye-kyun said that South Korea should “quickly return” the USD 7 billion in Iranian assets frozen as a result of U.S.-led sanctions. PM Chung also expressed South Korea’s willingness to provide Iran with humanitarian aid, and stated that Seoul would be willing to support future negotiations on…